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

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

Pandu Sjahrir, CIO of Danantara, says the goal of the fund is to support "investors, global investors, to be able to invest ...

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

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

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

Effectively, it's a government-run hedge fund that invests in assets like stocks, bonds, real estate, and infrastructure.

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

The country launched its new sovereign wealth fund Danantara, the latest initiative by President Prabowo Subianto to deliver on his ambitious economic growth target of 8% within his first term.

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

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

President Vladimir Putin on Sunday appointed Kirill Dmitriev, the chief of Russia's sovereign wealth fund, as a special envoy ...