Interview: Jarno Ilves

Nick Carver

The editor spoke with the head of asset management at the Bank of Finland in late April 2021.

It seems to me there have been four broad themes influencing reserve management at the Bank of Finland over the last few years: membership of the Eurosystem, naturally; historically low yields in global markets; active engagement with responsible investing; and then, of course, the Covid-19 crisis last year. I am sure there are others, but could you begin by commenting on those?

To be honest, those are the things that come to my mind as well. First, joining the Eurosystem 20 years ago was the

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