UK - Pooled balanced funds suffered a third consecutive year of negative returns last year - their worst performance since 1974 - latest figures from CAPS show.
The performance measurement group’s balanced fund median fell 18.1% during 2002 which followed an 11.9% loss in 2001. The poor performance in 2002 was driven by double-digit negative returns in ...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date