Elo: Boosting employment will be a major challenge for export-oriented Finland

Contrary to expectations, Elo's fixed income exposure of 32.8 percent pulled in a healthy return of 8 percent over the first three quarters of this year.

Photo: PR / Elo

Increasing employment in Finland is a major challenge for export-oriented Finnish economy over the coming years as outlook for global economy looks uncertain, says Finland's Elo Mutual Pension Insurance CIO Hanna Hiidenpalo.

While the Finnish economic outlook remains positive for the remainder of 2019, challenges in global economy increase the risk of economic development being weaker than the current forecasts would suggest, Elo states in a press release on its third-quarter results today.

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