Crossing the Rubicon

The latest news and opinion from Rubicon Investment Consulting

An Arid April for Irish Pension Funds

Irish pension managed funds continued to edge upwards during April, albeit slowly, gaining 0.4% on average over the month. Standard Life Investments topped the table over the month, with a return of 0.9%, while Merrion Investment Managers lagged the peer group over this period, with a return of 0.2%.

Managed funds have gained a very respectable 4.3% on average over the first four months of 2017. Standard Life have achieved the highest return so far this year, with a return of 5.9%, while Merrion Investment Managers have delivered the lowest return over the four months at 2.6%. Over the past twelve months, Irish pension managed funds have delivered a very healthy 14.1% return on average. This figure masks a wide range of performances, however, as returns for the past year ranged from 16.8% (Zurich Life) to 9.5% (Merrion Investment Managers).

The average managed fund return has been 11.1% per annum over the past three years. The five-year average return is a strong 11.8% per annum. Irish group pension managed fund returns over the past ten years have been 4.5% per annum on average.