As an alternative investment specialist, Ian Dillon, partner at William Fry, is still getting a lot of queries on AIFMD from clients around the world. Dillon, who has recently returned from a 7 year spell in the Cayman Islands, notes that while the format of the firm’s bi-weekly Asset Management and Investment Funds Group lunch hasn’t changed much from when he last worked in William Fry around 10 years ago, the get-together now requires a considerably bigger room.

Wealth managers are likely to be in ever greater demand as the Irish economy continues to thrive, but Kevin Quinn, an associate director with Bank of Ireland Private Banking, writes that experience of other financial sectors, from accounting to life and pensions, is as important as the right qualifications.