VER records negative result

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FINLAND - Finland's State Pension Fund (VER) investments yielded a return of -6.4% in the first half of 2008, compared to 3.4% in the same period of 2007, the fund has announced.

Aggregate investment assets were €11.35bn (US$16.54bn) at the end of June, a slight decrease from January-June 2007 when they were €11.43bn (US$16.65bn). Timo Löyttyniemi, managing director of V...

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