21.03.2012 - Property portfolio returns 8pct at Finnish pension provider Etera
Etera, the Finnish mutual pension provider, posted negative returns of 2.3% last year driven by volatile equity markets, but saw its real estate portfolio rebound from returns of 0.7% to nearly 8%. Jari Puhakka, the mutual's director of investments, said a modified investment strategy had allowed its solvency level to remain stable year-on-year despite the "market shock" witnessed in 2011's third quarter...............................................Full Article: Source
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