Indonesia’s new sovereign wealth fund

Treasury Names Adviser to Help Plan US Sovereign Wealth Fund
Treasury Secretary Scott Bessent named a Wall Street and military veteran to advise on plans for a sovereign wealth fund, taking a further step toward fulfilling President Donald Trump’s idea for the US to join the ranks of nations with such assets.
America Needs a Sovereign Wealth Fund
Washington may not have a sovereign wealth fund, but almost half the U.S. states do. Indeed, the earliest precursor of a national sovereign wealth fund was established in the United States: in 1803, Ohio created a land trust to finance public education in the state.
How a US Sovereign Wealth Fund Would Work in Reality
A sovereign wealth fund often serves as a vehicle to invest a government’s budget surplus. The U.S. doesn’t have that luxury.
CIO of new Indonesian sovereign wealth fund outlines its aims and strategy
Pandu Sjahrir, CIO of Danantara, says the goal of the fund is to support "investors, global investors, to be able to invest safely in our country."
New Indonesia sovereign wealth fund to invest $20 billion in projects
Danantara Indonesia will invest $20 billion in a wide range of projects from metal processing to artificial intelligence, President Prabowo Subianto said.
Trump’s ‘Sovereign Wealth Fund’ Will Be A Disaster. Just Ask Malaysia
After decades of Washington telling Asia to improve economic fundamentals, it’s Asia’s turn to worry the U.S. is trashing its own.
New sovereign wealth fund launched
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. Danantara, short for Daya Anagata Nusantara, will serve as an investment vehicle and holding company for state-owned entities (SOEs).
Indonesia launches new multi-billion-dollar 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 President Prabowo Subianto looks to turbo-charge growth in
Indonesia's new sovereign fund will run with commercial mindset, official says
New sovereign wealth fund Danantara Indonesia will focus on large-scale projects generating good returns as it prioritises ...
Washington Examiner4d
All the challenges Trump faces in creating an American sovereign wealth fund
Sovereign wealth funds have been around for generations, and President Donald Trump wants the federal government to join in on the trend. But there are a few problems — namely, it’s never been ...
Indonesia’s sovereign wealth fund may crowd out private sector
Danantara, the nation's newly established sovereign wealth fund, may end up stifling growth instead of fuelling it, analysts ...
Channel NewsAsia Singapore4h
Committee of Supply 2025 debate, Day 1: Louis Chua on transparency of sovereign wealth funds
Singapore’s sovereign wealth funds are “falling short” when it comes to transparency, said MP Louis Chua in parliament on Friday (Feb 28). He noted that GIC does not share annual performance figures ...
Saudi Wealth Fund’s Alat Unit Buys 15% Stake in TK Elevator
Alat, a unit of Saudi Arabia’s sovereign wealth fund, has bought 15% of TK Elevator and unveiled a joint venture that will ...
Distrust in Indonesian wealth fund Danantara sparks online calls to switch banks
Growing public distrust of the newly formed sovereign wealth fund, Daya Anagata Nusantara (Danantara), has sparked online ...
Channel NewsAsia Singapore3d
Indonesia launches sovereign wealth fund to manage assets worth US$900 billion; initial budget to kickstart 20 ‘strategic projects’
At the launch of the Danantara fund on Feb 24, Indonesian officials also sought to address some concerns on transparency and ...
Zawya2d
Egypt plans to spur listings by moving state assets under wealth fund
Hassan El-Khatib said the government mandate has been clear to create a business environment that will allow the private ...