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

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

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

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

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

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

After decades of Washington telling Asia to improve economic fundamentals, it’s Asia’s turn to worry the U.S. is trashing its own.

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

Danantara, the nation's newly established sovereign wealth fund, may end up stifling growth instead of fuelling it, analysts ...

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

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

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