Danish pension fund to divest its U.S. Treasuries

Danish pension fund AkademikerPension said ‌on Tuesday it would sell off its holding of U.S. Treasuries, worth some $100 million, by the end of this month, blaming ‌weak U.S. government finances.

AkademikerPension said the ​decision was not intended as a political statement linked to the rift between ‍Denmark and the United States over Greenland.