Spring Thaw for Irish Pension Managed Funds

After a sluggish start to 2021, Irish pension managed funds perked up a little in February, gaining 2.3% on average over the month. New Ireland topped the table over month, with a return of 4.0%, while Davy Asset Management lagged the peer group during February, with a return of 0.9%.

Following on from a broadly flat January, February’s gains mean that Irish pension managed funds have returned 2.2% on average over the first two months of the year. New Ireland are leading the pack over the year to date, with a return of 4.5%, while Davy Asset Management are trailing the peer group with a return of 0.4%. Over the past twelve months, Irish pension managed funds have delivered a gain of 14.4% on average. Returns for the past year ranged from 27.2% (Merrion Investment Managers) to 6.4% (Setanta Asset Management).

The average managed fund return has been 7.7% per annum over the past three years. The five-year average return is a robust 8.2% per annum. Irish group pension managed fund returns over the past ten years have been a healthy 8.6% per annum on average.

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

Please note: The returns quoted are those experienced by a specific peer group of active balanced managed funds which are used by many pension schemes. Details of these funds can be found on our calculator help page. These returns may be viewed as a rough proxy for the performance of Irish pension funds in the “growth” stage; however, they do not necessarily equate to the experience of the pensions market as a whole, or of any specific pension scheme or member. Nor do they necessarily reflect the relative performance of the investment managers in relation to their broader offerings. These figures are provided for information only and do not constitute investment advice. You should always seek independent financial advice before making any investment decisions.