Irish pension funds fell 2.8% in May; Every fund down over 10 years after inflation
Jun 3rd, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
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.