russell/mellon caps survey underlines poor performance by equities over recent years
Bonds and property have emerged as the most consistent performers over the medium and long term, according to the latest Russell/Mellon Caps Pooled Pension Funds survey. Over the 12 months to 31 March fixed interest dominated the handful of sectors with positive returns, accounting for the three best sector performances. UK Bonds ' Long Term returned 12.3%, International Bonds managed 11.9% and UK Bonds ' Standard returned 10.6% over the period, offer to offer with net income reinvested. Over three years, the International Bonds peer group was the second best performer with annualise...
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