Finnish State Pension Fund (VER), managing a total of EUR 19.5bn, has decided to slightly reduce its exposure to European – including Nordic – equities this year, says CEO Timo Viherkenttä.
During this year’s first quarter, VER increased its overall exposure to listed equities from 42.8 to 43.2 percent of all investments. "We've reduced our relatively high exposure to European stocks and increased our exposure to North American and emerging market equities," Viherkenttä adds.
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