The fund manager feels it is more effective to manage their European equity portfolio internally rather than outsourcing it, while they bring in external help to manage developing markets. The president and CEO of Ilmarinen Mutual Pension Insurance stated that they manage their European equity portfolio in-house and use outside help for developing markets. They keep European equity management internal while outsourcing developing markets.

1. “We feel it’s more effective to manage
our European equity portfolio in-house
and bring in external help for
developing markets.”
Timo Ritakallio, President and CEO,
Ilmarinen Mutual Pension Insurance