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big-european-pension-funds-see-higher-risk-in-us-holdings,-reject-‘weaponizing’-capital
Big European Pension Funds See Higher Risk in US Holdings, Reject ‘Weaponizing’ Capital

Big European Pension Funds See Higher Risk in US Holdings, Reject ‘Weaponizing’ Capital

Last updated: January 23, 2026 5:47 pm
By
Tom Ozimek
1 Min Read
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Big European Pension Funds See Higher Risk in US Holdings, Reject ‘Weaponizing’ Capital

A statue of Greek goddess Europa holding the Euro symbol at the European Parliament building in Brussels, Belgium, on July 21, 2023. Lavinia Savu/The Epoch Times

Major European pension funds are increasingly wary of holding American assets amid rising geopolitical tensions and concerns about U.S. government finances, industry leaders say, as the Trump administration dismissed speculation that Europe could dump U.S. Treasurys over Washington’s push to acquire Greenland.

Pension fund executives from Finland, Sweden, and Denmark said uncertainty around U.S. foreign policy—alongside worries about White House debt levels—has raised the risk premium attached to U.S. holdings, pressuring the dollar and heightening bond-market volatility.

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