A Dutch pension fund cut US Treasury holdings by 40% and shifted to EU treasuries, which the author frames as notable amid Greenland-related retaliation threats.
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The biggest Dutch pension fund reduced its investments from \~30 billion to \~18,5 billion, the Dutch Financial Times report today. This is due to a change in investment policy, the newspaper reports. Investments have shifted to EU treasury’s instead. The news comes at a sensitive time given retaliatory threats concerning the proposed Greenland takeover.