Treasury Secretary Scott Bessent named a Wall Street and military veteran to advise on plans for 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 ...
New sovereign wealth fund Danantara Indonesia will focus on large-scale projects generating good returns as it prioritises ...
A sovereign wealth fund often serves as a vehicle to invest a government’s budget surplus. The U.S. doesn’t have that luxury.
Pandu Sjahrir, CIO of Danantara, says the goal of the fund is to support "investors, global investors, to be able to invest ...
Perhaps the most well-known sovereign wealth fund, an investment fund created by a government, is Saudi Arabia’s Public Investment Fund, which manages about $925 billion in assets. The funds can ...
Korea Investment Corp., Seoul, returned 8.5% in 2024, driven by strong gains on equity investments, according to a news ...
Danantara Indonesia will invest $20 billion in a wide range of projects from metal processing to artificial intelligence, ...
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 ...
Alat, a unit of Saudi Arabia’s sovereign wealth fund, has bought 15% of TK Elevator and unveiled a joint venture that will ...
The fund will invest US$20 billion (S$27 billion) in 20 projects to drive development in the nation. Read more at ...