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Pension Funds Diversify: Trade Wars Chill US Investments
Western pension funds are reducing their investments in the United States due to concerns about trade wars and economic instability. One prominent example is the Canadian pension fund, which manages \$179.6 billion in assets and is cutting back on US investments. This follows a warning from the Canadian government to travelers about potential increased scrutiny at US borders. Dutch pension funds are also reportedly pausing their investments in US securities, highlighting the broader impact of trade tensions. The situation underscores the global economic uncertainty and the ripple effects of trade policies.
one month ago
BY
Edmonton, Canada
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finance