Irish Life Investment Managers Limited (Dublin)

Name: Irish Life Investment Managers Limited
Address: Beresford Court, Beresford Place, Dublin, D1
Telephone: 00 353 1 704 1200

Irish Life Investment Managers Limited is an adviser based in Dublin. It manages $76.75 billion of regulatory assets for 33 client accounts. It has been registered with the SEC as an adviser since 2015.

Irish Life Investment Managers Limited provides portfolio management for pooled investment vehicles and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Irish Life Investment Managers Limited: assets under management

The assets under management (AUM) of Irish Life Investment Managers Limited is $76.75 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 41% since the beginning of its operation, and $71.23 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $76.75 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.33 billion each.

Investments

The firm invests in exchange traded securities the most. They account for 49% of the total AUM. The second-largest asset type is sovereign bonds, which make up 21% of the firm’s portfolio. Investments in pooled investment vehicles form 8% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Irish Life Investment Managers Limited for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Declan Timothy Bolger serves?

The firm provides services to insurance companies, charitable organizations, other investment advisers, pooled investment vehicles, and pension and profit sharing plans. The largest group of clients of Declan Timothy Bolger is insurance companies with 8 clients and $45.86 billion of assets under management. Among the 9 most similar advisory firms, Irish Life Investment Managers Limited has the highest percentage of insurance companies out of all clients.

The amount of regulatory assets under management is $76.75 billion for 33 clients. 97% of the firm’s clients are foreign persons or businesses.

Irish Life Investment Managers Limited doesn't advise any private funds.

Careers at Irish Life Investment Managers Limited

The company employs 22 people that are either part- or full-time employees. 95 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Declan Timothy Bolger has been acting as President since 1 Mar 2013. Rose Mchugh joined the executive team most recently as the Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
James Gerard Keenan	Director	1 Nov 1997	Other	6485650
Patrick Christopher Burke	Director, chief executive officer	1 Jul 2007	Other	6485649
Donal John Woodcock	Chief compliance officer	1 Dec 2011	Other	6485664
Michael Francis O'brien	Director	1 Dec 2012	Other	6485657
Declan Timothy Bolger	Director	1 Mar 2013	Other	6485205
William Edward Kyle	Director	1 Jul 2013	Other	6485654
Peter Gordon Munro	Chairman and director	1 Aug 2013	Other	6485203
Ruairi O'flynn	Director	1 Aug 2013	Other	6485659
Ruairi Padraig O'flynn	Director	1 Aug 2013	Other	6485659
Kieran Patrick Dempsey	Director	1 Oct 2013	Other	6485655
The Canada Life Group (Uk) Limited	Sole proprietor	1 Jan 2014	75% - 100%	31710 33120
David Martin Harney	Director	1 Oct 2016	Other	6775395
John Eric Occleshaw	Director	1 Sep 2017	Other	6931288
John Occleshaw	Director	1 Sep 2017	Other	6931288
Raman Srivastava	Chairman and director	1 Apr 2019	Other	7163810
Rose Mchugh	Director	1 Jun 2019	Other	7163813

Indirect Owners

The SEC currently registers 18 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Power Financial Corporation	Shareholder	1 Mar 1986	50% - 75%	foreign entity
171263 Canada Inc.	Shareholder	1 Mar 1988	50% - 75%	foreign entity
Power Corporation Of Canada	Shareholder	1 Dec 1998	75% - 100%	foreign entity
Canada Life International Holdings Limited	Parent company	1 Jul 2013	75% - 100%	29593
Canada Life Capital Corporation Inc.	Parent company	1 Jul 2013	75% - 100%	89807 2921 rc0001
The Canada Life Assurance Company	Parent company	1 Jul 2013	75% - 100%	38-0397420
Canada Life Financial Corporation	Parent company	1 Jul 2013	75% - 100%	89064 2325 rc001
The Great West Life Assurance Company	Parent company	1 Jul 2013	75% - 100%	98-0000673
Great West Lifeco Inc.	Parent company	1 Jul 2013	75% - 100%	98-5832 rc0001
Michel Plessis Belair	Trustee	1 Oct 2013	Other	6264973
Guy Fortin	Trustee	1 Oct 2013	Other	6264971
Andre Roger Desmarais	Trustee	1 Oct 2013	Other	6265184
Paul Guy Desmarais	Trustee	1 Oct 2013	Other	1498208
Andre Desmarais	Trustee	1 Oct 2013	Other	6265184
Paul Desmarais	Trustee	1 Oct 2013	Other	1498208
Pansolo Holding Inc.	Shareholder	1 Oct 2015	50% - 75%	foreign entity
The Desmarais Family Residuary Trust	Shareholder	1 Oct 2015	75% - 100%	foreign entity
Sophie Desmarais	Trustee	1 Mar 2018	Other	6922224

Based in Dublin

The principal office where Irish Life Investment Managers Limited performs its advisory services is located at Beresford Court, Beresford Place, Dublin, D1, which is also the mailing address of the firm. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 00 353 1 704 1200 or by fax 00 353 1 704 1912. The normal business hours are 8.00 am to 6 pm on Monday - Friday. You can find more information about the New York firm at ilim.com/.