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 ...

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

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

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

Indonesia on Monday launched a new sovereign wealth fund that will aim to manage state assets worth more than $900 billion as ...

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 ...

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

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

BlackRock, the world's largest asset management firm, has reportedly incorporated its iShares spot Bitcoin exchange-traded ...