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.

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