Sitra’s investments Q3/2022

The market value of Sitra’s investment assets was 925 million euros on 30 September 2022 (1 107 million euros on 31 Dec. 2021).

The second and final payment of 66.7 million euros to capitalize Finnish universities was made at the end of January. In December 2019 Sitra’s Supervisory Board decided to make a non-recurring donation of 100 million euros to universities. The first payment of 33.3 million euros was made in August 2020.

In the third quarter, the return on investments was +0.1 per cent and in January-September -8,5 per cent.

Nearly all asset classes have depreciated in value. Inflation has remained high. Central banks have raised policy rates to contain inflation, as well as reduced the amount of bond purchases.

Sitra’s investments by asset type on 30 September 2022
– Listed equity investments 43%
– Fixed income investments 19%
– Real estate and infrastructure investments 19%
– Venture capital and private equity investments 19%

Sitra’s investment portfolio is diversified across geographies as well as asset classes. Over one third of investments are in Finland.

The long-term return target is a real return of 3 per cent p.a.