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Finland's largest pension fund sees AUM drop below EUR 50bn in H1

Commenting on the H1 results of the now EUR 48.8bn mutual pensions insurance company, Ilmarinen's President and CEO Jouko Pölönen notes that the outlook remains exceptionally uncertain and calls for all actors to join in to keep pandemic at bay.

Jouko Pölönen, President and CEO of Ilmarinen. Photo: PR / Ilmarinen

Investments at Finland’s Ilmarinen Mutual Pensions pulled in a negative return of -2 percent over the first half of 2020, the company announces.

Assets under management dropped from EUR 50.5bn to EUR 48.8bn over the first half of 2020.

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