If you think BlackRock’s ESG is bad, why invent a mightier tool for political interference in markets?

Indonesia, the Philippines and the city of Hong Kong all recently launched new funds. Now Trump's U.S. wants one too.

President Trump signed an executive order last week to create a sovereign wealth fund — something previously decried by both market-oriented conservatives and corporate-skeptic progressives.

Star technology investment banker Michael Grimes, who left Morgan Stanley to take up a senior role in the U.S. Commerce ...

President Trump signed an executive order to create a U.S. sovereign wealth fund on Feb. 3. AFP via Getty Images Earlier this month, President Donald Trump signed an executive order to create a ...

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 ...

Sovereign wealth funds are becoming the hottest thing in global finance. Indonesia launched its second state investment fund, the Daya Anagata Nusantara Investment Management Agency, or Danantara ...