August Ambivalence for Irish Pension Funds

Irish pension funds declined by 0.6% on average during August. Merrion Investment Managers delivered the best performance this month with a gain of 0.4%, while New Ireland delivered the worst, with a return of -2.2%.

Irish pension funds have gained an impressive 14.0% on average over the first eight months of 2019. Returns for the year to date ranged from 16.5% (Merrion Investment Managers) to 10.3% (New Ireland). Over the past twelve months the average fund return was a more modest 3.9%. Davy Asset Management top the table over the past year with a return of 8.4%, while New Ireland produced the lowest return at 1.1%.

The average managed fund return has been 6.6% per annum over the past three years. The five-year average return is a healthy 7.2% per annum. Irish group pension managed fund returns over the past ten years have been a robust 9.1% per annum on average.

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