Finnish Pension Funds Rejig Holdings in Bet on Stocks-Led Boost
Finnish pension funds are starting to sell lower-yielding assets classes in anticipation of a reform that will enable them to increase their stock holdings. With the country’s ranks of pensioners...
By Kirsi Heikel, Kati Pohjanpalo · Bloomberg Markets
Finnish pension funds are starting to sell lower-yielding assets classes in anticipation of a reform that will enable them to increase their stock holdings. With the country’s ranks of pensioners steadily rising — and the country’s public coffers in need of a cash infusion — it’s a bet on equity delivering higher returns than real estate and infrastructure.