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Danish Pension Funds Express Concerns About US Election and Market Instability

2024-07-24 13:12:04.650000

Danish pension funds are expressing concerns about the upcoming US election and its potential impact on the market. These funds are heavily invested in the US, making them vulnerable to any market instability that may arise from the election outcome. Despite having faith in the US economy, pension funds are worried about protectionism, trade wars, and geopolitical turmoil, all of which could contribute to market instability. Institutional investors are particularly concerned about geopolitics and its potential impact on the market. However, there is also optimism about the US economy after the presidential election. Danish pension funds fear that protectionism and trade wars may become more prominent after the election, further adding to market uncertainties [0d7d74ec].

Danish pension funds PFA and AkademikerPension are considering withdrawing from all investments in China due to fears of a tense geopolitical showdown between the US and China, which could result in billions of dollars in frozen assets. The worst-case scenario is if President Xi Jinping invades Taiwan, similar to the situation in Ukraine. The decision to withdraw would be considered 'wild' by PFA strategist [01974430].

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