Nordic Pensions Rebalance Away From U.S. Assets Amid Geopolitical Risk
Northern European pension funds, notably Sweden's Alecta and Denmark's AkademikerPension, are debating tilting away from U.S. assets amid geopolitical uncertainty and concerns about U.S. finances; a couple have sold or begun selling U.S. Treasuries, signaling a rising risk premium, though the U.S. market remains investable overall.