Varma’s 2022 results helped by unlisted assets and recovery of European equities
In a year when listed equities and fixed income assets dropped dramatically, Finnish pension giant Varma benefited from positive returns on its unlisted investments.
by KIM WIESENER
Varma came out of last year with a return of -4,9% of its investments, but the results could have been worse had it not been for a strong ending to the year for European equities as well as a positive performance by the company’s unlisted assets, the Finnish pension giant states in its 2022 report.
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