Etera posts 17% investment loss

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FINLAND- Finish pension insurer Etera posted a 17% loss on investments in 2008 down from positive 4.5% the previous year.

The insurer lost €1.1bn in assets, finishing the year at €4.9bn, according to a financial statement released last week. Etera chief investment officer Mika Pesonen said: "The financial crisis m...

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