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

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

Joseph Bankman is the Ralph M. Parsons professor of law and business at Stanford Law School. Mark P. Gergen is the Robert and ...

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, ...

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

Alat, a unit of Saudi Arabia’s sovereign wealth fund, has bought 15% of TK Elevator and unveiled a joint venture that will ...

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.

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

Trump has floated using a sovereign wealth fund to purchase TikTok amid the U.S.’s insistence that Chinese-owned ByteDance sell to an American buyer.