A Frosty February for Irish Pension Managed Funds

Irish pension managed funds were under the weather during February, losing 1.8% on average over the month. Davy Asset Management and Merrion Investment Managers topped the table over the second month of the year, with returns of -1.3%, while Setanta Asset Management lagged the peer group over the month, with a return of -2.7%.

February’s losses wiped out January’s gains, leaving managed funds 0.9% in the red on average over the first two months of the year. Merrion Investment Managers lost the least ground over the year to date, with a return of -0.3%, while Setanta Asset Management lost the most with a decline of 2.2%. Over the past twelve months, Irish pension managed funds have delivered just 3.3% on average. Returns for the past year ranged from 4.4% (Aberdeen Standard Investments) to 1.2% (Setanta Asset Management).

The average managed fund return has been 3.7% per annum over the past three years. The five-year average return is a strong 9.8% per annum. Irish group pension managed fund returns over the past ten years have been 6.1% per annum on average.

The full table of results can be found over at our investment fund performance calculator.

Would you like to showcase your services to our audience? Contact us now to discuss sponsorship opportunities.