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Finnish pension assets reach EUR 205bn in Q2

Slowing growth of global economy will affect also the Finnish economy and the investment returns of local pension funds, claims Analyst from Finnish Pension Alliance Tela.

Photo: David Goldman/AP/Ritzau Scanpix/AP / AP

Finnish pension assets reached EUR 205bn and investments by local pension institutions yielded a total real return of 6.3 percent over the second quarter of this year, reports the Finnish Pension Alliance (Tela).

"Although the market was overshadowed by uncertainty caused by the China-US trade war, equities maintained their value. Due to declining interest rates, the prices of fixed income investments also developed positively in the second quarter," says Tela Analyst Kimmo Koivurinne.

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