
Finnish Ilmarinen's investments yielded a return of 6 percent over the first half of 2019. At the end of June, market value of investments stood at EUR 47.8 bn, up from EUR 46bn at the end of 2018.
President and CEO Jouko Pölönen notes the most important factor contributing to Ilmarinen's performance was the surge in stock prices, which was bolstered by a global change in monetary policy and a drop in interest rates in both the US and Europe.
Already a subscriber? Log in.
Read the whole article
Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
- Access all locked articles
- Receive our daily newsletters
- Access our app