FINLAND - The e7.5bn State Pension Fund put its 8.2% return for the first half of the year to rising equity markets, particularly in Asia and the Nordic countries and falling interest rates.
The return was almost double the 4.3% yield for the first half of 2004, and assets rose e0.6bn since the beginning of the year. Timo Lottyniemi, managing director, said: “The market environment ...
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