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Diversification was "not worth it" during H1, says CIO of Finnish pensions firm

Equity markets pulled in such strong returns over the first half-year that one could question whether it was worth allocating assets elsewhere, says CIO of Finnish pension insurance company Veritas.

Kari Vatanen, CIO at Veritas. | Photo: PR: Veritas.

Finland's Veritas pension insurance pulled in returns of 7.3 percent over the first half of 2021, with equities yielding the best returns at 15.4 percent, says CIO Kari Vatanen.

When announcing the company's H1 results at a press conference today, Vatanen notes that domestic equities performed so well that the benefits of diversification can be called into question.

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