Asset Owner Directory

The State Pension Fund of Finland (VER)

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.



AUM ($B)




Chief Executive

Timo Löyttyniemi

Chief Investment Officer

Jan Lundberg, Sami Lahtinen, Mikko Rasanen, Maarit Saynevirta


Jukka Pekkarinen

Asset allocation

36.3% Fixed Income Investments

47.8% Equity Investments

11.2% Other Investments

4.7% Impact of Derivatives