Varma’s investment returns continued to recover – the development of employment in Finland is even more critical to the pension system than realised returns
Varma’s investment returns continued to recover in the third quarter from the abrupt fall in share prices caused by the coronavirus crisis early in the year. The market value of the investments increased by EUR 1.5 billion compared to the situation at the end of June and totalled EUR 46.8 billion at the end of September. According to President and CEO Risto Murto, an issue that is even more critical for the pension system than realised returns is the development of employment.
Interim report news release
Interim report presentation (pdf)
Interim report 1 January – 30 September 2020 (pdf)