- cross-posted to:
- europe@feddit.org
- europe@feddit.org
- cross-posted to:
- europe@feddit.org
- europe@feddit.org
cross-posted from: https://lemmy.world/post/41953222
Swedish pension fund Alecta has sold most of its holdings in U.S. Treasuries over the last year because of the increased risk and unpredictability of U.S. politics, the fund’s chief investment officer said on Wednesday.
Once Trump undermines FED independence (which seems to be the case in may, if not earlier) the risk associated with US investments increases dramatically… reasonable for pension funds to pull out in time.