Having declined for the first time in eight months during October, Irish pension funds returned to positive territory during November, returning 1.3% on average and 16.5% year-to-date. The best performing managed fund in November was that of Eagle Star/Zurich Life, which returned 1.7%. Irish Life Investment Managers propped up the league table with a 0.9% return for the month. The 10-year average return is 0.5%. Meanwhile, on Tuesday, it was also reported that the pension deficits of Irish quoted companies have risen almost 15% to €5.4 billion €5.4 billion in 2009.
Related posts:
- Irish pension managed fund returns rose in November; Real annual returns in the red for 3, 5 and 10 year periods
- Irish pension funds down slightly in November
- Irish pension funds recovered some lost ground in July; Inflation adjusted returns over 10 years negative
- Irish pension funds average return was 11% in 2010; Real annual returns for 3, 5 and 10-year periods, remain in the red
- Irish managed pension funds made average return of 1.5% in February