Sitra’s investments Q1/2026

The market value of Sitra’s investment assets was 1,027 MEUR on 31.3.2026 (1,040 MEUR on 31.12.2025). In the first quarter, the return on investments was -0.6%.

Q1 2026 started with cautious optimism, but the escalation of conflict in the Middle East late in the quarter triggered a broad risk-off move across markets.

Global equities declined, with the MSCI ACWI down -1.5% in EUR total-return terms, as weakness in US technology/growth stocks and geopolitical uncertainty outweighed the positive start to the year. OMX Helsinki Benchmark CAP GI increased 2.8%, outperforming global equities.

Bond markets also struggled, with the US 10-year Treasury yield to 4.3% by quarter-end, while the German 10-year Bund yield rose to 3.0%.

Economically, growth and labor markets were still reasonably resilient, but the outlook became more uncertain as higher commodity prices threatened households’ purchasing power outlook, squeezed corporate margins and increased the challenges faced by central banks in managing inflation.

Sitra’s investments by asset class on 31.3.2026

• Listed equity investments 40%
• Private equity and venture capital investments 22%
• Fixed income investments 19%
• Real estate, infrastructure and timberland investments 20%

Sitra’s investment portfolio is diversified across geographies as well as asset classes. Nearly 30 per cent of investments are in Finland.

The long-term return target is a real return of 3.5%.