Irish National Pensions Reserve Fund reports negative return of 12% for the first six months of 2008 compared with average Irish managed pension fund loss of 14.7%
Jul 24th, 2008 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The Irish National Pensions Reserve Fund (NPRF) today reported a return of -12% for the first six months of the year (to 30 June 2008) and -1.7% for the second quarter. (The comparable figures for the average Irish managed pension fund are -14.7% and -3.8% respectively). The Fund’s value at the end of June was €19.462 billion.