Bank of Ireland funds are awarded
Bank of Ireland Global Markets, the Bank’s treasury specialists, today announced that its sterling off-shore liquidity fund was awarded the best performing fund of its type worldwide in 2006, the highest of the 76 funds in this category.
John Farrell, Head of Investments, Bank of Ireland Global Markets also won two awards; number one fund manager award (joint) in the USD liquidity fund category and a repeat winner as the top fund manager in the EUR liquidity fund category.
The awards, which recognise the money funds that reported the highest returns in 2006, were ranked by iMoneyNet (www.imoneynet.com) – one of the world’s leading providers of money market fund information. iMoneyNet also ranked Bank of Ireland’s Euro off-shore liquidity fund in third place for its performance in 2006.
Commenting on this success, Austin Jennings, Chief Executive, Bank of Ireland Global Markets said: “This is a phenomenal success for our Global Markets Liquidity Funds Investment Team, our Security Services team and all involved in making our Liquidity Funds the best in the world.
"Congratulations in particular to John Farrell, who was acknowledged as the world’s best money market investment manager for 2006 – an outstanding achievement and proof that we have the best people delivering a world-class service to our customers. We look forward to continuing success and growth in 2007”.
