Observation: portfolio volatility is relatively low except for Italians who seem to be trying their hand at some sort of speculation. hashtag#Sweden had a good run but dropped the ball at year end 2017 – not sure why because markets were climbing mostly. hashtag#Germany & hashtag#UK appear to have a similar investment style with French, Swedes & Italians taking a different approach.
Limitations: The graph shows changes in the market value of equity investments over time. Effects of additions/disposals are unknown.
Source: EIOPA as @ Q1 2018