The State Pension Fund of Finland (VER) was established in 1990 to balance state pension expenditure. VER invests pension assets and helps the state to prepare for financing future pensions. VER is a long-term investor characterised by a high standard of professionalism and an ethical code of conduct. VER operates as part of the prefunded Finnish pension system.
The Executive Group assists the CEO in managing and administering the State Pension Fund. As well as the CEO, the Executive Group includes four Chief Investment Officers.
Finland
$26
10.6
Timo Löyttyniemi
Jan Lundberg, Sami Lahtinen, Mikko Rasanen, Maarit Saynevirta
Jukka Pekkarinen
36.3% Fixed Income Investments
47.8% Equity Investments
11.2% Other Investments
4.7% Impact of Derivatives
Asset allocation as of December 31, 2020. All information is as per the most recent annual report or other publicly available data via the fund's website