Crossing the Rubicon

The latest news and opinion from Rubicon Investment Consulting

A Slow Start to 2020 for Irish Pension Managed Funds

After a strong end to 2019, Irish pension managed funds slowed down somewhat during January 2020, gaining just 0.3% on average over the month. Merrion Investment Managers topped the table over the first month of the year, with a return of 2.2%, while New Ireland lagged the peer group over the month, with a return of -2.5%.

Over the past twelve months, Irish pension managed funds have delivered a very solid 14.7% return on average. Returns for the past year ranged from 18.5% (Davy Asset Management) to 9.7% (Setanta Asset Management).

The average managed fund return has been 7.2% per annum over the past three years. The five-year average return is a robust 6.3% per annum. Irish group pension managed fund returns over the past ten years have been a strong 9.2% per annum on average.