The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2021 Euromoney, a part of the Euromoney Institutional Investor PLC.
Capital Markets

Ireland’s sovereign fund takes a galvanizing approach to Covid

By Chris Wright
September 10, 2020
Share

Different sovereign funds have approached Covid in different ways – drawdowns, contrarian investments, flights to safety and backstopping local raisings – but Ireland’s has perhaps been the most clearly defined.

Eugene O'Callaghan, ISIF_960.jpg
Eugene O’Callaghan, Ireland Strategic Investment Fund
Related content

In May, the Ireland Strategic Investment Fund (ISIF) created a sub-portfolio worth €2 billion – the Pandemic Stabilization and Recovery Fund. While not legally a separate fund, it was established within the ISIF under existing legislation, it is still the only instance of a sovereign wealth vehicle creating a separate pool mandated with Covid recovery.

One reason for this was because of an evolution ISIF has already gone through since its foundation in 2014 and, in fact, before that.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.

SUBSCRIBE ONLINE TODAY

Unlimited access to Euromoney.com and Asiamoney.com

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually

Subscribe today

FREE 7 DAY TRIAL

Unlimited access to Euromoney.com and Asiamoney.com, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors

Start free trial

LOGIN NOW

Already a user?

Login now

Tags

Capital Markets Capital MarketsCoronavirusIrelandsovereign wealth
Share
Chris Wright
Chris Wright is Asia editor. He covers the Asia Pacific region and is based in Singapore. He has previously been Middle East editor of Euromoney, editor of Asiamoney, investment editor of the Australian Financial Review and a correspondent on emerging markets and sovereign wealth for numerous publications worldwide. He has also written two books.
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree