Irish pension funds rise by 1.4% in Q2

The average Irish Pension Managed Fund increased by 1.4% over the second quarter of the year, bringing the year to date return to 5.3%, according to the latest figures by Mercer Investment Consulting.

Canada Life/Setanta and Hibernian Managed Funds, both returning 2.1%, led the way over the quarter, while Eagle Star (+0.1%) and KBCAM (0.3%) lagged their competitors.