Asset Owner Directory

Varma

Varma Mutual Pension Insurance Company provides pension cover for more than 900,000 employees, entrepreneurs and pensioners. Varma’s aim is to increase the funds available as pension contributions for the payment of current and future pensions. Varma is a long-term and solvent investor whose responsibility for pension assets extends well into the future.

Country

Finland

AUM ($B, AS AT DATE OF ASSET ALLOCATION)

$76

Performance (%, 1YR)

10.20

Chief Executive

Risto Murto

Chief Investment Officer

Markus Aho

Chair

Jaakko Eskola

Asset allocation

20% Fixed Income

55% Equity Investments

9% Real Estate Investments

17% Other Investments

Website

View the annual report

Global Pension Transparency Benchmark country system description

Asset allocation as of December 31, 2024. All information is as per the most recent annual report or other publicly available data via the fund's website

Top1000funds.com related articles

Investor Profile

The value of diversification at Finland’s Varma

Markus Aho, chief investment officer of the €57.4 billion Finnish pension fund, Varma, explains how the fund’s diversification with a large equity allocation balanced by hedge funds, fixed income and real assets has meant it has been resilient to the increasing investment challenges.

Sarah RundellFebruary 29, 2024

Asset Allocation

Hedge funds still in style at Varma

Reima Rytsölä, chief investment officer at Finland’s largest private pension insurance company, sticks with the fund’s longstanding interest in hedge funds and extends its risk premia strategies.

Sarah RundellJune 14, 2017

Investor Profile

The Finnish line: Varma tackles low interest

The scourge of low interest rates looks likely to be confronting investors for at least a little longer after Washington’s budgetary shenanigans delayed the Federal Reserve’s plans to taper quantitative easing. Over in the more sedate surroundings of Helsinki, this is keeping the pressure on the investment policy of Varma, a €36-billion ($49-billion) Finnish pension […]

Dan BillinghamOctober 30, 2013

Investor Profile

Finnish pension fund manages market volatility

The $46.17-billion Finnish pension fund Varma has maintained positive returns for the first half of this year and maintained mandated solvency levels, despite facing a steep market downturn both at home and abroad.

SAM RILEYSeptember 14, 2011