Balanced pooled funds ended their run of positive quarters with a negative return of -8.9% for Q2 of this year, statistics show.
Results from BNY Mellon Asset Servicing's quarterly pooled fund survey revealed the first negative quarter since Q1 2009, however, the 12 month median return still remained positive at 18.6%. Th...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
