If global equities return 11%, domestic multi-asset funds have historically returned closer to 7%. Consistent 50-year track record data for Irish domestic pension funds is genuinely difficult to source, as most funds do not have records stretching that far back. Over the last 10 years, some of the higher performing multi-asset funds available in Ireland have delivered returns closer to 11%. The global asset managers I have referenced offer multi-asset funds with longer track records and deeper resources than most of what is available domestically. In 2022, when markets fell significantly and even cautiously managed domestic multi-asset funds fell around 12%, gold delivered approximately 6.5% for a euro-based investor.

Source: Irish Examiner April 10, 2026 13:30 UTC