Large European pension funds are rapidly decreasing (as rapid as a pension fund can without causing too much panic, devaluing remaining assets). E.g. some large pension funds have removed 1/4th of their investments in the US in less than a year. That is pretty unheard of.
(Most of them are reinvesting in Europe.)
>some large pension funds have removed 1/4th of their investments in the US in less than a year.
I saw the news about the danish fund dropping some of their US investment and on closer inspection, in absolute terms it was a drop in the bucket. Mostly an optics maneuvre.