mast image

Special Report

Impact investing

Sections

Ireland's pension funds see growth of 11% in 2010

Related images

  • Ireland's pension funds see growth of 11% in 2010

IRELAND - Pension managed funds in Ireland returned an average of 11% last year, according to figures by Rubicon Investment Consulting.

Overall, eight of the past 12 months saw positive returns by the 10 asset managers surveyed by Rubicon, with Standard Life Investments ahead with 16.4% returns over the year.

However, despite these positive numbers - which saw the worst performer, Aviva Investors, grow by 8.8% - long-term returns look less positive.

Over a 10-year horizon, the Bank of Ireland Asset Management, recently acquired by State Street and rebranded as State Street Global Advisors Ireland, saw growth of 1.2%, a tenth of a percentage point above the average.

Kleinwort Benson Investors came last in the last decade, offering negative growth of 0.9%, with AIB Investment Management and Aviva serving up positive growth of 0.1% and 0.3%, respectively.

Additionally, when considering the last three years, covering the market downturn and slow recovery, the 10 schemes lost 4.1% on average, with not a single fund providing growth over the period.

Aviva Investors saw the biggest losses between 2007 and the end of last year, falling by 7.2%, while Kleinwort Benson lost 6.1% and Irish Life Investment Managers 4.9%.

Strongest of all funds over the period was Standard Life, which lost 1.4%.

Have your say

You must sign in to make a comment

IPE QUEST

Your first step in manager selection...

IPE Quest is a manager search facility that connects institutional investors and asset managers.

  • QN-2548

    Asset class: Fixed Income, Emerging Market Debt Hard Currency (Active).
    Asset region: Emerging Markets.
    Size: CHF 300-400m.
    Closing date: 2019-07-30.

  • QN-2549

    Asset class: Fixed Income, Emerging Market Debt Hard Currency (Passive or Passive Enhanced).
    Asset region: Emerging Markets.
    Size: CHF 300-700m.
    Closing date: 2019-07-30.

  • QN-2550

    Asset class: Fixed Income, Emerging Market Debt Local Currency (Active).
    Asset region: Emerging Markets.
    Size: CHF 250-350m.
    Closing date: 2019-07-31.

  • QN-2551

    Asset class: Fixed Income, Emerging Market Debt Local Currency (Passive or Passive Enhanced).
    Asset region: Emerging Markets.
    Size: CHF 250-350m.
    Closing date: 2019-07-31.

  • QN-2552

    Asset class: Fixed Income, High Yield (Active).
    Asset region: High Yield (US).
    Size: CHF 500-600m.
    Closing date: 2019-07-29.

  • QN-2553

    Asset class: Fixed Income, High Yield (Passive or Passive Enhanced).
    Asset region: High Yield (US).
    Size: CHF 500-1'100m.
    Closing date: 2019-07-29.

  • QN-2554

    Asset class: Global Real Estate (Equity, unlisted Funds).
    Asset region: World (ex-Switzerland).
    Size: CHF 200 mn (potential for further growth).
    Closing date: 2019-08-07.

  • QN-2555

    Asset class: Real Estate.
    Asset region: European.
    Size: EUR 50 - 100 million.
    Closing date: 2019-07-22.

  • QN-2556

    Asset class: FX Hedging.
    Asset region: Global.
    Size: Mandate size of CHF 1.5 bn.
    Closing date: 2019-08-09.

  • QN-2557

    Asset class: All/large Cap Equities.
    Asset region: China A-shares.
    Size: Unit linked platform (0m USD in initial investment).
    Closing date: 2019-08-01.

Begin Your Search Here
<