Irish managed pension funds delivered positive returns for September, according to figures from Rubicon Investment Consulting.
The average return for the month was 1.1%.
Merrion Investment Managers took the top spot with a return of 1.7% in September followed by State Street Global Advisers, who recorded gains of 1.5%.
The latest figures follow positive returns for July and August which brought average gains for Irish managed funds to 5.2% in the third quarter.
Standard Life Investements' Fund delivered the top-ranking return of 6.2% during the quarter.
The average managed fund return for the past three years has been 7.5%.
The five year returns are mostly negative, however, with an average return of -1.7% per annum over that period.
