Hedge Funds Regain Their Appeal for a $57 Billion Asset Manager

CIO of Ilmarinen says he may raise hedge fund allocation
More positive view follows recent sudden spike in volatility

An advertisement for Marc Jacobs fashion brand sits in the window of an optical store beside a DNB ASA minibank in Oslo, Norway, on Tuesday, Oct. 6, 2015. The nation could as soon as next year start making withdrawals from its massive $830 billion sovereign wealth fund, which it has built over the past two decades as a nest egg for "future generations."Photographer: Krister Soerboe/Bloomberg

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By Kati Pohjanpalo

February 18, 2018 at 11:00 AM UTC

Updated on

February 19, 2018 at 8:15 AM UTC

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With volatility back on the radar, one of the Nordic region’s biggest asset managers is considering relying a bit more on hedge funds to help oversee his portfolio.

Mikko Mursula, the chief investment officer of Ilmarinen Mutual Pension Insurance Co., says “we are feeling more positive about hedge funds than a couple of years ago.”