Danish Pension Fund to Exit U.S. Treasuries by End of January Over Greenland Tensions
The fund says political risk from the Greenland dispute prompted the move.
Overview
- AkademikerPension plans to sell its U.S. Treasury holdings by late January 2026, according to comments reported by Bloomberg.
- Chief investment officer Anders Schelde linked the decision to President Donald Trump’s statements about acquiring Greenland and related tariff threats.
- As of the end of 2025, the fund held about $100 million in U.S. Treasuries that it now intends to dispose of.
- Schelde cited worries about U.S. fiscal discipline, a weakening dollar, and a poor credit outlook as additional reasons to reduce exposure.
- AkademikerPension manages roughly $25 billion for Danish teachers, and while the sale is small in market terms it underscores how geopolitical risks can influence institutional portfolios.