NORDICS - Nordic investors are continuing to show optimism in hedge funds with nearly a third planning to increase their exposure this year to strategies like global macro, event driven and long/short funds, a new report shows.
EUROPE - European leaders are winning over investors as they try to keep the single-currency bloc intact, raising the appeal of the region's so-called rescue bonds, said Timo Loeyttyniemi, the head of Finland's state pension fund.
FINLAND - Valtion Elåkerahasto (VER), Finland's state pension fund, gained 5.3% during the first quarter on the back of its equity investment performance.
FINLAND - Neste Oil will transfer is supplementary pension plans to insurer OP Life Assurance, the firm said today.
FINLAND - European pension funds scooped up nearly a fifth of Finland's recent €3bn (US$4.4bn) bond issuance, the State Treasury said.
Finland has been feeling the impact of the global economic crisis, but unlike other countries it has strong diversification tactics
FINLAND - The Finnish government has withdrawn its plans to increase the pension age in increments from 63 to 65 from 2011, after reaching an agreement with the three main labour unions and employers.
FINLAND- Finish pension insurer Etera posted a 17% loss on investments in 2008 down from positive 4.5% the previous year.
FINLAND - The Finnish government's decision to increase the minimum age for pensions from 63 to 65 without consulting labour organisations first has sparked anger among unions and workers.
FINLAND - The €5.3bn (US$6.8bn) Finnish insurer Etera has reduced the share of its equity investments amid market turmoil, MandateWire reports.
FINLAND - The €27bn (US$34.6bn) Varma Mutual Pension Insurance Company has further reduced its investments in listed shares, MandateWire reports.
FINLAND - The government has proposed temporary measures to ease pressure on pension funds to sell shares into a slumping market.
FINLAND - Finland's State Pension Fund (VER) investments yielded a return of -6.4% in the first half of 2008, compared to 3.4% in the same period of 2007, the fund has announced.
FINLAND - The challenges of an ageing population and rising health costs are posing risks to the long term sustainability of Finland's public finances, the OECD's annual economic survey of the country has warned.
FINLAND - Aberdeen Property Investors has announced the investment of US$75m from the Finnish Local Government Pensions Institution (LGPI).
FINLAND - Finnish local government pensions institution, KEVA, and insurance company, Etera, have allocated to private equity.
FINLAND - The Finnish government has set up a pension forum to monitor and assess the implementation of reforms in the sector.
FINLAND - Private sector pension insurer Pension Fennia has increased its market share to 10.6%, up from 10.2% the previous year.
FINLAND - Tapiola Pension's investment income has dropped to 4.1% during 2007, down from 6.8% in 2006, despite all asset classes performing positively.
FINLAND - After an eleventh hour deal, a strike has been avoided by the Finnish National Opera (FNO) over a pay and pensions row.
FINLAND - Nokia Pension Fund is to transfer the statutory pension liability of Nokia and Nokia Siemens networks in Finland to the pension insurance companies Ilmarinen and Varma in March 2008.
FINLAND - Proposals to amend the corporate structure and strategy of telecoms operator Elisa have been opposed by Finland's largest private sector pension insurers.
FINLAND - The Evangelical Lutheran Church of Finland has awarded two socially responsible European equity mandates worth €60m (US$88.9m).
FINLAND - Finnish investment institutions have invested in nickel and copper projects in North Finland, run by Candandian based firm Scandinavian Minerals.