Irish Economy
Standard Life Investments had highest Irish pension funds return in 2013
By Michael Hennigan, Finfacts founder and editor
Jan 8, 2014 - 8:21 AM

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Standard Life Investments had the highest return for Irish pension managed funds in 2013, according to data from Rubicon Investment Consultants.

Standard Life Investments achieved a return of 19.6% in 2013, while Kleinwort Benson Investors produced the weakest return, gaining 14.7% over the same period.

Standard Life Investments took top spot with a return of 1.4% for the month, while New Ireland propped up the league table with a return of 0.1%. Over the final quarter of the year, the average managed fund returned 5.0%. Over the quarter, the Standard Life Investments fund delivered the top-ranking return of 6.0%, while the Kleinwort Benson Investors managed fund was the lowest ranked, with a return of 4.2%. With ten out of twelve months recording gains, managed funds returned 16.6% on average  during 2013.

The average managed fund return has been a healthy 8.8% per annum over the past three years. The five-year average return is very strong, at 11.8% per annum. Irish group pension managed fund returns over the past ten years have been 5.3% per annum on average, compared with the Irish inflation rate of 1.6% per annum over the same time horizon.

All of the managed funds surveyed outperformed inflation over this period.

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