Global investment firm Fidelity International has announced plans to add 250 jobs at its Dublin base.

The IDA client company has had a presence in Ireland since 2000 and already has 280 staff here.

Fidelity has an investment and retirement savings business serving investors in all corners of the world outside North America and manages customer assets worth €265.8 billion and has assets under administration that are worth €82.4 billion.

Making the announcement, Tánaiste and Minister for Business, Enterprise and Innovation Frances Fitzgerald said: "Ireland is now a major player and a very attractive location for International Financial Services companies from all over the world".

President of Fidelity International Brian Conroy said "Dublin is a key international hub to support our global growth objectives for the business.

"Fidelity is well-placed in a fast moving industry with exciting developments and innovations currently taking place.

"Therefore, expanding our presence in Dublin is critical to meeting our ambitious plans."