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Equity enthusiasm grips Finnish state fund

Strong listed equity returns have seen the €15.8-billion ($20.8-billion) Finnish State Pension Fund, VER, increase the asset class to 40.3 per cent of its portfolio, up from 36.4 per cent at the end of 2011. Timo Löyttyniemi, chief executive of VER, explains that the fund made net equity purchases of $74 million in 2012 while […]