European Pension Funds Face A Bleak Future Amid Politicization – Analysis

By Peng Maosheng

Recently, Denmark’s pension fund AkademikerPension announced that it had fully divested roughly USD 100 million in U.S. Treasury bonds. Against the backdrop of heightened tensions between the United States and Europe over the Greenland issue, this move is clearly more than a routine portfolio adjustment. Indeed, it can also be read as a pointed political signal. In fact, its Chief Investment Officer (CIO), Anders Schelde, has stated publicly that the long-term trajectory of U.S. public finances is unsustainable...