Data: US pension funds lose $169 billion after tariff shock
2025-04-11 12:33:05
The top 25 state and local pension investment funds in the U.S. suffered paper losses of about $169 billion in public equities after Trump announced the tariffs, according to Golden Ten Data. A report from the Equable Institute, a bipartisan nonprofit group based in New York, showed that these pension investment funds posted losses in the four trading days from April 3 to April 8 following Trump's announcement of the global tariffs. The top funds have lost about $249 billion so far this year, the group said. Total losses across the U.S. public retirement system could be "significantly higher," the group said.
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