Good start for the Finnish

Finland-mapIt's the most sparsely populated country in the European Union – home of the composer Jean Silbelius and the man who designed the Linux operating system – but now Finland has another claim to fame: it had the best investment returns in Europe so far this year, according to an index from Russell Investments. Finland has returned 2.3% since the beginning of 2012, beating second-placed Germany, with 2%, and third-placed Luxembourg, with 1.9%. It was one of seven countries in the Russell Developed Europe Index to manage a positive score. Average returns were slightly negative, at -0.02%. The debt-ridden south European states suffered worst. Returns for Greece were an agonising -8.4%, while Italy, Spain and Portugal also fared poorly. Russell contrasted the European results with the performance of the United States stock market, as measured by the Russell 1000 Index of large-cap stocks, which has returned 3% so far this year. ©2012 funds europe

Executive Interviews

INTERVIEW: Put your money where your mouth is

Jun 10, 2016

At Kempen Capital Management, they believe portfolio managers should invest in their own funds. David Stevenson talks to Lars Dijkstra, CIO of the €42 billion manager.

EXECUTIVE INTERVIEW: ‘Volatility is the name of the game’

May 13, 2016

Axa Investment Managers chief executive officer, Andrea Rossi, talks to David Stevenson about bringing all his firm’s subsidiaries under one name and the opportunities that a difficult market...


ROUNDTABLE: Beyond the hype

Oct 13, 2016

The use of smart beta investing continues to grow. Our panel, made up of both providers and users, discusses what the strategy actually means, how it should be used and the kind of pitfalls that may arise when using this innovative investment technique.

MIFID II ROUNDTABLE: Following the direction of travel

Sep 07, 2016

Fund management firms Aberdeen and HSBC Global meet with specialist providers to speak about how the industry is evolving towards MiFID II.