Finnish pension insurer, Varma, has invested $12.03m in American multinational food company, Kraft Heinz.
The investment equates to 495,900 shares, according to a recent filing with the Securities and Exchange Commission (SEC).
Varma recorded a slight investment loss in Q1 2026, with a return of -0.1%, as markets were shaken by heightened geopolitical tensions and energy price volatility linked to the war in Iran.
Publishing its Q1 results, its total assets under management stood at €67.9bn at the end of March, down from €68.3bn at the start of the year.
Despite the decline, the pension insurance company said diversification across asset classes and regions helped stabilise performance in a highly uncertain environment.
