FINLAND - Regulatory pressures, which are forcing European pension funds to reduce their equity allocation and increase exposure to bonds, are having the opposite effect on Finnish pension insurance companies, which are looking to increase their equitys' exposure by 10-15% over the medium term.
Finnish pension insurance companies such as Varma and Ilmarinen have said the EU Pensions Directive, which encourages a move to asset liability management, will not affect them as they form part of...
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