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Hedge funds speed up growth as Ilmarinen's AUM hits new record

Absolute return investments made by Ilmarinen's in-house investment team were among best performers in the pension giant's portfolio in 2020.

Mikko Mursula, CEO at Finnish pension giant Ilmarinen. | Photo: PR / Ilmarinen

At Finland's mutual pension insurer Ilmarinen assets under management reached an all-time high of EUR 53.28bn last year, up from EUR 50.5bn the year prior. Return on Ilmarinen’s investments stood at 7.1 percent, the company announces.

The best-performing asset class in the pension giant's portfolio was category dubbed 'other investments', including a particularly sizeable contribution from hedge funds as a sub-asset within this grou.

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