Indonesia, the Philippines and the city of Hong Kong all recently launched new funds. Now Trump's U.S. wants one too.

President Trump continues to talk about creating a sovereign wealth fund. Economists say SWFs invite grift. But others say ...

Washington may not have a sovereign wealth fund, but almost half the U.S. states do. Indeed, the earliest precursor of a ...

A sovereign wealth fund often serves as a vehicle to invest a government’s budget surplus. The U.S. doesn’t have that luxury.

Treasury Secretary Scott Bessent named a Wall Street and military veteran to advise on plans for a sovereign wealth fund, ...

New sovereign wealth fund Danantara Indonesia will focus on large-scale projects generating good returns as it prioritises ...

After decades of Washington telling Asia to improve economic fundamentals, it’s Asia’s turn to worry the U.S. is trashing its own.

Perhaps the most well-known sovereign wealth fund, an investment fund created by a government, is Saudi Arabia’s Public Investment Fund, which manages about $925 billion in assets. The funds can ...

At the launch of the Danantara fund on Feb 24, Indonesian officials also sought to address some concerns on transparency and ...

Egypt aims to move state-owned enterprises to be managed by the country's sovereign wealth fund, to maximise the return on ...

Indonesia Launches $20 Billion Sovereign Wealth Fund Amid Budget Cuts | Vantage with Palki Sharma Indonesia has launched Danantara Indonesia, a new $20 billion sovereign wealth fund aimed at boosting ...

Korea Investment Corp., Seoul, returned 8.5% in 2024, driven by strong gains on equity investments, according to a news ...