The New Ireland Fund (IRL), Inc. - Webinar Update by the Fund’s Investment Adviser

Rhea-AI Summary

The New Ireland Fund (NYSE: IRL) provides an update on the Irish economy and stock market in a recent webinar featuring Noel O’Halloran and Eoin Fahy from KBI Global Investors. They discuss key economic drivers and the potential positive impacts of Brexit on the Fund. The Fund aims for long-term capital appreciation primarily through investments in Irish equity securities and is managed by KBI Global Investors, a subsidiary of Amundi Asset Management.

Positive

• Insightful update on the Irish economy and stock market.
• Potential positive impacts of Brexit discussed.
• Fund focused on long-term capital appreciation through Irish equities.

Negative

• None.

BOSTON, March 04, 2021 (GLOBE NEWSWIRE) -- Noel O’Halloran, the Portfolio Manager of The New Ireland Fund (NYSE: IRL) (the “Fund”) and CIO of the Fund’s Investment Adviser, Dublin-based asset manager KBI Global Investors (“KBIGI”), is joined by Eoin Fahy, Chief Economist of KBIGI, in a webinar where they provide an update on the Irish economy and the Irish Stock Exchange. In this update, they provide an overview and outlook of the Irish economy and Brexit and discuss some key drivers for the Irish Stock market and how they may potentially positively impact the Fund.

This update is available on the Fund’s website at the following link: https://www.newirelandfund.com/kbi_march_2021.html

Investment Objective: The New Ireland Fund, Inc., (N.Y.S.E. - IRL) a closed-end diversified investment company seeks long-term capital appreciation through investment primarily in equity securities of Irish securities.

The Fund is managed by KBI Global Investors (North America) Ltd, a wholly owned subsidiary of KBI Global Investors Ltd. based in Dublin, Ireland. KBI Global Investors Ltd. is majority owned by Amundi Asset Management, Europe’s largest asset manager by assets under management.

The Fund is listed on the New York Stock Exchange under the ticker symbol - IRL. For further information, please contact the Fund at (800) 468-6475 or investor.query@newirelandfund.com

Website: www.newirelandfund.com

FAQ

What did the New Ireland Fund (IRL) discuss in their March 2021 webinar?

The webinar covered updates on the Irish economy, Brexit impacts, and key drivers for the Irish stock market.

Who are the presenters in the New Ireland Fund's March 2021 update?

The update featured Noel O’Halloran and Eoin Fahy from KBI Global Investors.

What is the investment objective of the New Ireland Fund (IRL)?

The Fund seeks long-term capital appreciation primarily through investments in equity securities of Irish companies.

Who manages the New Ireland Fund (IRL)?

The Fund is managed by KBI Global Investors, a subsidiary of Amundi Asset Management.