CIO of Church Pension Fund: Church ethics made us invest sustainably before many others

The pension fund of the Evangelical-Lutheran Church in Finland has been shifting fixed income investments from government bonds to short-term interest rate investments. At the same time, the fund has moved towards alternative investments, particularly more variety in real estate assets.

Medieval Maaria Church in Turku. | Photo: Kirkon kuvapankki: Aarne Ormio.

by REETA ILONA PAAKKINEN

Finland's EUR 1.8bn Church Pension Fund (KER) pulled in the best returns among Finnish pension funds and insurers in 2020, a recent comparison by Finnish Centre for Pensions (ETK) reveals.

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CIO of Church Pension Fund: Church ethics made us invest sustainably before many others

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