At the ninth annual IPE European Pension Fund Awards held in Dublin in November 2009, Swiss Life Network Partner Ilmarinen won the IPE country award for Best Pension Fund in Finland.
Ilmarinen’s submission for the award was selected by a panel of independent judges appointed by Investment & Pensions Europe. During the awards event, the following key points about the fund were highlighted:

- 85% of fund assets are internally managed for the long term
- In-house hedge fund capacity allows lower fees
- By taking more risk the fund can outperform competitors

The award was presented to Timo Ritakallio, Deputy CEO of Ilmarinen, Head of Investments, during the ceremony, who said he values the award greatly. ”We have been very successful in the competition in previous years as well, including the last one, when we were also chosen as Finland’s Best Pension Fund. I am really very happy for the recognition given to our work, and the credit for it goes to our professional investment team,” says Mr. Ritalkallio.

Around 500 guests from the European pensions industry attended the IPE Awards, including Irish Prime Minister Brian Cowen. Now in their ninth year, the IPE European Pension Fund Awards recognise excellence across Europe. A total of 38 awards were presented during the ceremony to pension funds from over 30 countries.

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