Equities lift Varma’s nine-month investment return to 6.9% despite bond and property losses
By IAN Editorial Desk
News date: 23 October 2026Published 27 October 2026·3 min read
Primary source: varma.fi
Varma has released equity tied up in property against external debt since a pension reform took effect in July.
Varma Mutual Pension Insurance Company returned 6.9% on its investments in January–September 2026, compared with 4.5% in the same period of 2025. An 11.2% gain on equities outweighed losses of 2.0% on fixed income and 2.1% on real estate. The Finnish pension insurer published the results on 23 October.
Varma, which is responsible for statutory earnings-related pension cover for 996,000…
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