EUR 24bn pension investor makes trading team to cut costs, boost returns
Mutual pensions company Elo has developed an in-house trading team to stay ahead in fierce competition for pension savers and optimal returns: "Whatever savings we can make from the asset management process directly boost our investments and translate into pensions for our customers," head of trading tells AMWatch.
Finland's mutual pensions insurance market is made up of four mutual pension companies, and competition for attracting new customers is fierce. As a means to stay ahead of competition, the EUR 24bn pension fund Elo has developed a new in-house trading team.
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