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.

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  • Kjell@lemmy.worldM
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    1 month ago

    Alecta is one of the big private pension fund companies in Sweden, they are investing money for millions of Swedes. Hopefully they choose to invest the money in European companies instead.