The main reason why Finnish pension giant Ilmarinen is not currently investing in SPACs is the inherent lack of transparency, the CIO of the EUR 55.4bn fund Mikko Mursula tells AMWatch.
SPACs fail to convince Finnish pension giants – Varma, Ilmarinen and Veritas explain why
Whilst Swedish pension investors AP4, AMF and SEB Fonder invested in the country's first SPAC, Finland's initial shell listing, launched earlier this month, failed to attract domestic pension investors.
Already a subscriber?Log in here
Buy a subscription and get access to all of AMWatch
Personal subscription
With a personal subscription you get:
- Premium access to all content on AMWatch
- Unlimited access to our archive
- Daily newsletters with the most important industry news
- Top newsletters when the biggest industry news breaks
- Login to our app - industry news on the go
Corporate subscription
With a corporate subscription you get:
- All the benefits of a personal subscription
- Solution tailored to your company's needs
- Attractive price per user
Try AMWatch for 14 days - and get access to all content.
Get a non-binding trial subscription here.You need to be a subscriber to read the rest of the article.
