Finland's weak equity performance prompts the country's pension giant to reassess approach

Weak performance of Finnish equities is prompting Varma to reassess its investments in this asset class. CIO Markus Aho admits that the situation creates bigger, longer-term issues for Varma.
Varma's President and CEO Risto Murto (l.) and CIO Markus Aho (r.). | Photo: Varma PR.
Varma's President and CEO Risto Murto (l.) and CIO Markus Aho (r.). | Photo: Varma PR.

Finland’s biggest pensions company, Varma, today announced that its investment portfolio reached a volume of EUR 60.9bn in Q1, up from EUR 59.1bn at the end of 2023. At the same time, the company’s investments pulled in a return of 3.6% thanks to sound returns from listed equities, totaling 6.7%. 

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