Ilmarinen outperforms rivals in H1 after biggest drop in 2022

Of the four mutual pension insurance companies in Finland, Ilmarinen outshone its competitors in this year’s first half. Equities have been the main driver of its recovery.
Hanna Hiidenpalo, Deputy CEO, Elo (top left), Mikko Mursula, CIO, Ilmarinen (top right), Risto Murto, president and CEO, Varma (bottom left), Kari Vatanen, CIO, Veritas (bottom right). | Photo: Pr / Elo, Ilmarinen, Varma and Veritas
Hanna Hiidenpalo, Deputy CEO, Elo (top left), Mikko Mursula, CIO, Ilmarinen (top right), Risto Murto, president and CEO, Varma (bottom left), Kari Vatanen, CIO, Veritas (bottom right). | Photo: Pr / Elo, Ilmarinen, Varma and Veritas
By Kim Wiesener & Reeta Paakkinen

Finland’s pensions sector continued its recovery from the downturn of 2022 during the second quarter of this year, as the country’s four mutual pension insurance companies all increased their assets under management and delivered positive returns.

Already a subscriber?Log in here

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.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
  • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    Further reading