Vol. 453 No. 4
59 Mr. Callely asked the Taoiseach the total value of moneys taken out of Ireland by Irish investment companies for investment abroad in the first quarter of 1995; the comparative figures for 1994; and if he will make a statement on the matter. [9514/95]
The latest sample survey data available to the Central Statistics Office relate to the third quarter of 1994. In that quarter the estimated net investments of Irish portfolio investors in foreign securities amounted to £167 million; the correponding figure for the same quarter in 1993 was £334 million.
The figures given reflect the investments on behalf of Irish clients by the principal Irish based fund managers — insurance companies, banks, independent fund managers — and investments on own account by insurance companies.
