AMWatch

Ilmarinen's AUM still below 2019-year end despite rebound

At the end of September, the market value of the Finnish pensions giant's investments totaled EUR 50.3bn, down from EUR 50.5bn at the end of December 2019.

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

Finland's largest pension provider Ilmarinen has yet to recover from the losses of the first quarter, indicates the company's interim report.

At the end of September, the market value of Ilmarinen's investments totaled EUR 50.30bn, which is an improvement after the first half-year, when its assets under management (AUM) dropped from EUR 50.5bn to EUR 48.8bn and the investment portfolio yielded a negative return of -7.5 percent.

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

Akademikerpension divests utility companies

More than 200 utility companies have been excluded from Akademikerpension's investment universe. The pension fund is now divesting equities and bonds equivalent to 0.5 percent of assets under management.

Evli records AUM growth exceeding 24 pct

New client wins, additional investments from existing clients and the positive market impact increased the assets under management by private and institutional mandates to a new record, writes Evli Group CEO Maunu Lehtimäki.

Qblue aims to reach a wider audience

Bjarne Graven Larsen's QBlue Balanced wants to reach more international investors, he tells AMWatch. He also discusses why he thinks the quant winter has made way for a quant spring.

Further reading

Related articles

Latest news

Jobs

Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch