AMWatch

Veritas expecting "a volatile" fall

At the current stage of an economic cycle, the recommendation is to maintain a moderate and diversified portfolio, claims Veritas CIO.

Veritas CIO Niina Bergring | Photo: PR / Veritas

According to Finnish company Veritas, in the current market environment, investment companies do well to keep a cautious approach and a diversified portfolio. Investments by the company that merged with Åland's Pensions-Alandia in January totaled 5.1 percent during the first half of this year.

In 2019, Veritas has ensured a slightly cautious allocation to risky asset classes compared to the average Finnish pension company's portfolio, reflected by the total return on its investments during the first half, Veritas CIO Niina Bergring says in a press release.

Read the whole article

Get 14 days free access.

No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

New paper slams model portfolio boom for conflict of interest

So-called model portfolios -- off-the-shelf investment strategies often comprising bundles of ETFs -- are ridden with conflicts of interest, according a trio of academics, including Associate Professor from the Norwegian School of Economics Nataliya Gerasimova.

Further reading

Latest news

Jobs

Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch