Profits at Abbey Capital rise to €71m after strong pandemic recovery

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Fresh accounts for Abbey show that it had revenue for €94.3 million in the year ending June 2022

Abbey Capital, the multibillion-euro hedge fund founded by former AIB executive Tony Gannon, paid dividends of €46 million to its shareholders in 2022 as its pre-tax profits leapt from €26 million to €71.6 million.

, which it made from investment management and performance fees paid by its clients, up from €45 million the year before.

 

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