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Finland’s Elo reports 7.4% investment return for 2025

Written by Natalie Tuck
16/02/2026

Finnish pension insurer, Elo, made a return of 7.4% in 2025, its full-year results have revealed.

All asset classes generated positive returns and performed “exceptionally well” relative to their benchmark indices, Elo deputy CEO, Jonna Ryhänen, said.

“Returns on listed equity investments climbed to as high as 17.2%. The rise in the stock market was driven by accelerating growth in the US economy, global investments in artificial intelligence, and the strong performance of large technology companies,” she said.

She also cited the Finnish stock market as a standout performer, ranking among the best markets in 2025.

“We continued our determined investment in Finland, which has lasted for over a decade, and in 2025, we made investments worth over €100m in Finnish growth companies, among other things,” she added.



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