Valtion Elakerahasto posts 9.6% return in 2004

clock

FINLAND - The e6.9bn Valtion Elakerahasto, Finland's State Pension Fund (SPF), posted a 9.6% return for 2004 on the back of increased equity weighting and positive performance from the asset class.

The defined benefit scheme, which is the buffer fund for state employees, increased its equity weighting from 34% at the beginning of 2004 to 40% at year-end. “We are very happy with the perform...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions
member?

Login

More on Finland

VER up 5.3% in Q1

FINLAND - Valtion Elåkerahasto (VER), Finland's state pension fund, gained 5.3% during the first quarter on the back of its equity investment performance.

clock 06 May 2010 •

Neste Oil transfers scheme to OP Life Assurance

FINLAND - Neste Oil will transfer is supplementary pension plans to insurer OP Life Assurance, the firm said today.

clock 12 January 2010 •

Pension funds invest in Finnish bonds

FINLAND - European pension funds scooped up nearly a fifth of Finland's recent €3bn (US$4.4bn) bond issuance, the State Treasury said.

clock 13 October 2009 •
Trustpilot