AMWatch

Negative rates can do a lot more damage yet: a Nordic warning

After half a decade of negative interest rates, one of the biggest Nordic pension funds is wondering whether this is just the beginning.

Ilmarinen CIO Mikko Mursula | Photo: PR / Ilmarinen

The head of investments at Finland’s Ilmarinen Mutual Pension Insurance says his industry is "just starting to see what kind of new challenges [negative rates] will cause."

That means “we are just taking the first steps” in portfolio adjustments, Mikko Mursula said in an interview in Helsinki. He says reality hit after the summer, when it became virtually impossible to get government bonds at positive yields across most of the euro zone.

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

Nasdaq reports record year in Europe

In 2021, the number of new equity listings on the Nasdaq exchange in Copenhagen broke the old record set in 2007, and in Stockholm, the exchange recorded its highest-ever number of new listings. Nasdaq also had increasing trading volumes last year.

Further reading

Latest news

Jobs

Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch