Irish multi-asset pension funds return 1.1% over July – Rubicon

Irish multi-asset pension funds made an average return of 1.1 per cent over the month of July, according to Rubicon Investment Consulting.

The Rubicon Multi-Asset Pension Fund Survey shows that fund returns ranged from 2.6 per cent to -0.1 per cent over the month, with Davy DAM Select Managed returning the highest whilst New Ireland Pension Managed Fund generated a loss and was the worst performer over the month.

Looking over the first seven months of the year, the funds surveyed delivered an average gain of 12.7 per cent, ranging from 15.3 per cent (Zurich Prisma 5 Fund) to 10.3 per cent (New Ireland iFunds 5).

Over the past 12 months, the average return of the 16 funds surveyed is an impressive 24.6 per cent. However, returns for the past year ranged significantly, from 30.2 per cent (Zurich Prisma 5 Fund) to 19.6 per cent (ILIM Pension Managed Fund), reflecting the volatile year experienced by investment markets.

Rubicon said the average return has been strong, at 9 per cent per annum over the past three years. The five-year average return is a robust 8.4 per cent per annum. Fund returns over the past 10 years have been a healthy 9.7 per cent per annum on average.

    Share Story:

Recent Stories

Podcast: The benefits of private equity in pension fund portfolios
The outbreak of the Covid-19 pandemic, in which stock markets have seen increased volatility, combined with global low interest rates has led to alternative asset classes rising in popularity. Private equity is one of the top runners in this category, and for good reason.

In this podcast, Munich Private Equity Partners Managing Director, Christopher Bär, chats to European Pensions Editor, Natalie Tuck, about the benefits private equity investments can bring to pension fund portfolios and the best approach to take.

Podcast - The power of three: Using Common Contractual Funds to improve tax outcomes for investors
Large asset owners are still investing in equities in a way where they are taxed on their income. The implication is that they get a poorer return. They need to, and can, improve this, but how?

In this podcast, AMX Head of Client and Manager Development, Aaron Overy, and AMX Product Tax Specialist, Kevin Duggan, discuss with European Pensions Editor, Natalie Tuck, about three options to help ensure good withholding tax outcomes for institutional investors.
Mitigating risk
BNP Paribas Asset Management’s head of pension solutions, Julien Halfon, discusses equity hedging with Laura Blows

Europe’s pensions challenges
Francesca Fabrizi meets Matti Leppälä, Secretary General and CEO of PensionsEurope, to discuss the key aims and objectives of the association today.