Irish pension funds gave back some of the gains made over the past three months with negative performances over the month of May. The average managed fund returned -2.8% for the month. Returns over 10 years are all down after inflation and four of ten funds were even negative in nominal terms.
Related posts:
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- Ten-year returns on Irish pension managed funds at 1.1% annually – - real returns in red
- Irish pension fund returns down 10% in 2011; Annual inflation-adjusted returns over 10 years in the red
- Irish pension funds fell in June and first half of 2011
- Irish pension funds’ returns fell in January