Balanced pooled funds recorded a negative month on month median return of -4.5% last month, BNY Mellon Asset Servicing results show.
In addition, the one-year return fell to 20.8% last month, compared to 29.4% in the previous month. Over the three-year period to May the return was -1.0% per annum. However, the five and 10-yea...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- 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