Irish Pension Funds Spring Back in April

Irish pension managed funds enjoyed a welcome return to positive territory during April, gaining 2.3% on average over the month. Merrion Investment Managers, Setanta Asset Management and Zurich Life shared top spot over the month, with returns of 2.6%, while Friends First/BMO lagged the peer group over this period, with a return of 1.9%.

Managed funds are still in the red for 2018, however, with a loss of 0.5% on average over the first four months of the year. Merrion Investment Managers and Setanta Asset Management achieved the highest, and only positive, returns so far this year, gaining 0.2%, while New Ireland have delivered the lowest return over the four months at -1.4%. Over the past twelve months, Irish pension managed funds have delivered a rather meagre 2.3% return on average. Returns for the past year ranged from 3.1% (Friends First/BMO) to 1.6% (New Ireland).

The average managed fund return has been a disappointing 3.4% per annum over the past three years. The five-year average return is a more robust 9.1% per annum. Irish group pension managed fund returns over the past ten years have been 6.2% 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.