BNY Mellon Asset Servicing

2008 Market Volatility Impacts Performance of UK Pension Funds

Published in Fitness and Wellness Business Week, April 15th, 2009

New research from BNY Mellon Asset Servicing, published, reveals that the average UK pension fund achieved a weighted average return of -13.6% for the year ending 31 December 2008. This is the first time that BNY Mellon has recorded negative yearly returns for UK pension funds since the three-year downturn at the beginning of the decade.

Results were just in positive territory over the medium term, with the average pension fund achieving a return of 0.1% p.a. over three years to 31 December 2008. Results were even more promising over longer term periods, with funds achieving a weighted average return of 5.6% p.a. over a five-year period. Funds made real returns over...

Want to see the full article?

Purchase this article for only $3.00

We're a pay-per-view site for premium content. If you'd like to purchase this article, it's only $3.00.

Welcome to NewsRx!

Learn more about a six-week, no-risk free trial of Fitness and Wellness Business Week

Source: Fitness and Wellness Business Week (2009-04-15)

NewsRx is Social

Top Medical Newsletters

Awards

Best Health/Healthcare Content, 2012
Best Health/Healthcare Content, 2011
Best e-Business Site, 2010
Best e-Business Site, 2009
Best e-Business Site, 2008
Best e-Business Site, 2007
Best e-Business Site, 2006
Best Healthcare Content, 2005
Best Overall Internet Site, 2005
Best Interactive Site, 2005

Facts & Stats

NewsRx also is available at LexisNexis, Gale, ProQuest, Factiva, Dialog, Thomson Reuters, NewsEdge, and Dow Jones.

Google 2010 PageRank: #2 Among Top Health News and Media Publications
Google 2010 PageRank: #2 Among Top Science Publications in Biology/Physiology
Google 2010 PageRank: #2 Among Top News and Media for the Business of Pharmaceuticals
Amazon's Alexa 2010 PageRank: #2 News and Media Site for the Pharmaceutical Industry