Finnish state fund posts 0% return

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FINLAND - The State Pensions Fund (VER) posted a return of 0% for the first half of 2006, with assets rising just e100m from year-end 2005.

“The first half investment market was characterised by two opposing forces, with the first few months’ buoyancy in the equity market turning bearish in May,” said Timo Loyttyniemi, managing directo...

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