The Irish fund industry grew by 65 percent over the past year, according to a London-based research and consulting company.

Mutual funds based in Dublin, Ireland reached over $100 billion (U.S) in assets as of June 30, up from $65 billion as of the same date a year ago, according to Fitzrovia International Ltd., the research and consulting company. The 65 percent growth this year is the biggest leap that the Irish fund industry has taken over the past five years.

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