Category: Allocator News

The first half of 2025 brought a complex market backdrop shaped by shifting macroeconomic trends, tariffs, geopolitical uncertainty, and volatile investor sentiment. Although returns were broadly positive, markets were marked by sharp swings and bouts of volatility, testing institutional investors and fund managers alike. Against this backdrop, the State Pension Fund of Finland’s €1.09 billion hedge fund portfolio delivered a solid 5.0 percent return. “Hedge funds performed well in the first half of the year, considering the operating environment riddled with uncertainties,” writes the team at the State Pension Fund...