Finnish pension fund outsources equity management

As a result of a strategy revamp, Kelan Eläkevastuurahasto has launched a search for two global equity managers.

The Finnish Kelan Eläkevastuurahasto, which governs circa EUR 1.4 billion portfolio, has revamped its strategy. As a result, the pension fund has decided to decrease its allocation to domestic equities and increase the weight of global equities in a bid to
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