Lasse Nenonen

Elo manages their clients’ pension funds profitably, securely and responsibly. The pension funds are carefully diversified – internationally and into different asset classes. They secure pensions and set a foundation for sustainable profits decades into the future.

LocalTapiola is a prudent, long-term manager which aims to achieve uncorrelated risk-adjusted returns through diversified portfolios invested globally in equity, fixed-income, real estate and small amounts of venture capital. The firm bases investment decisions on in-house research and has a primary focus on fixed-income securities including government bonds, credit and money-markets with a geographical emphasis on European securities. Their holdings in corporate bonds, collateralized bonds and bonds issued by public-sector entities, account for a significant part of the portfolio. For equities, LocalTapiola primarily holds European securities with a focus on Finland and Northern Europe as well as significant holdings in Japan, the US and emerging markets. The firm's indirect real estate investments are primarily made globally and through listed equity investments as well as mutual funds, however, their focus is on direct domestic real estate investments.

S-Bank is an active manager which follows a GARP-oriented investment style. They manage fund portfolios invested across asset classes, regions and industries with a focus on emerging markets equity. Individual stock selection is the primary element in their portfolio construction process, followed by country and sector allocation. Their fund range includes funds which invest in all sectors in a specific geographic area as well as funds that invest globally in a specific sector. The firm employs a bottom-up approach and is based on in-house research as well as on a network of Finnish and international specialists for foreign investments. S-Bank controls risk through portfolio diversification.