Coyle Hamilton Investment Managers Survey has found that the average return among the pension managed funds surveyed for the 12 months to the end of November was just over 10%.
The top performer, Irish Life, achieved a return of 12.5%. This compared with the lowest return of 7.2% from Aberdeen/Davy.
The survey said that Bank of Ireland Asset Managers and New Ireland (whose fund are managed buy BIAM) were 11th and 12th for one year but remain in the top spot for average returns over three years.
The overall three year returns have begun to climb back into positive terrority, but only just, with the average being 0.1%. Best performer here was Bank of Ireland Asset Managers with 2% a year while the poorest was KBC Asset Managers with -3.3%.
A five year view shows an average annualised return of just 0.3%, with Bank of Ireland Asset Managers and KBC Asset Managers again at the top and bottom positions with returns of 3.2% and -2.3% respectively.
Coyle Hamilton's survey also looked back 10 years and saw an average return of 9.6% a year, ranging from 12.3% at the top end with Montgomery Oppenheim to 8.2% at the lowest with KBC Asset Management and Canada Life/Setanta.
