Balanced pooled funds achieved a positive return of 6.9% in the second quarter of 2009, latest pooled pension fund survey results from BNY Mellon Asset Servicing reveal.
The performance measurement firm said this is the first positive return recorded since the fourth quarter of 2007, when a return of 1.0% was achieved - and comes in comparison with first quarter re...
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
