SPACs fail to convince Finnish pension giants – Varma, Ilmarinen and Veritas explain why
Whilst Swedish pension investors AP4, AMF and SEB Fonder invested in the country's first SPAC, Finland's initial shell listing, launched earlier this month, failed to attract domestic pension investors.
The main reason why Finnish pension giant Ilmarinen is not currently investing in SPACs is the inherent lack of transparency, the CIO of the EUR 55.4bn fund Mikko Mursula tells AMWatch.
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.
