November was another positive month for pension funds, which rose 3.2% on average. Merrion Investment Managers and Zurich Life were ranked top this month with returns of 3.6%, while New Ireland propped up the league table with a return of 2.5%. The first eleven months of 2015 have seen very strong pension managed fund returns, with an average return of 13.5%. Merrion Investment Managers top the table over the year to date with a return of 17.4%, while New Ireland produced the lowest return at 10.4%. Over the past twelve months, the average fund return was 15.0%. Returns for the year ranged from 20.0% (Merrion Investment Managers) to 11.2% (New Ireland).
The average managed fund return has been a very strong 15.7% per annum over the past three years. The five-year average return is a healthy 11.9% per annum. Irish group pension managed fund returns over the past ten years have been 5.5% per annum on average.
The full table of results can be found over at our investment fund performance calculator.