BALANCED pooled funds failed to achieve positive returns during the first three months of the year, latest BNY Mellon Asset Servicing figures reveal.
The performance measurement firm’s data revealed the median return for balanced and pooled funds over the first quarter of the year was -7.9pc – the first negative return since the second quarter o...
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