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

President Trump has issued an executive order to develop a plan for the establishment of a sovereign wealth fund, but this ...

Danantara Indonesia will invest $20 billion in a wide range of projects from metal processing to artificial intelligence, ...

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

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, ...

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

Saudi Arabia's sovereign wealth fund will be the anchor investor in Goldman Sachs Asset Management's specific new funds ...

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

The fund will invest US$20 billion (S$27 billion) in 20 projects to drive development in the nation. Read more at ...

Should the U.S. create a sovereign wealth fund in line with President Donald Trump's executive order this week, it would be ...