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

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.

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

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

Indonesian president Prabowo Subianto has launched plans for a new sovereign wealth fund aimed at supporting his strategic ...

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

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

President Donald Trump signed an executive order last week to create a sovereign wealth fund, similar to those of nations in ...

(Reuters) - President Vladimir Putin on Sunday appointed the chief of Russia's sovereign wealth fund, Kirill Dmitriev, as a ...

Monday’s launch comes after Southeast Asia’s biggest economy saw a wave of student protests in major Indonesian cities last week as a result of the government’s budget cuts to fund President Prabowo ...

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