How to foster co-operation between the Scottish and Irish Asset Management industries : Scottish and Irish finance initiative

Clarke, David and Broby, Daniel (2017) How to foster co-operation between the Scottish and Irish Asset Management industries : Scottish and Irish finance initiative. In: Scottish and Irish Finance Initiative Conference, 2017-10-12 - 2017-10-12.

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    Abstract

    This paper set outs the case for bilateral co-operation in the asset management industry between Scotland and Ireland. We identify the strengths and weaknesses in the respective countries industries and suggest how industry, government, and technology can be leveraged to capitalize on synergies between the two geographies. In particular, we present the conclusion that it is easier to change the direction of future development than re-invent the past. In this respect, we drill down into Fintech and Robo-advisory as areas of interest for both policy makers and companies alike. Our analysis shows the economic impact from such co-operation will be net positive for both jobs and assets under management.