If reports are correct that former Morgan Stanley technology banker Michael Grimes is set to lead President Trump’s planned U ...

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.

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

While details of the proposed “sovereign wealth fund” aren’t due until early May, alarms should already be ringing in Congress. Exactly what problem the administration is trying to solve is ...

President Trump’s executive order calling for creating a U.S. sovereign wealth fund (SWF) is a shiny object looking for a useful function. The idea that Washington should set up an investment ...

President Donald Trump signed an executive order last week to create a sovereign wealth fund, similar to those of nations in the Middle East, Europe and Asia. The funds, which typically use ...

A sovereign wealth fund is a state-owned investment fund that invests in various types of assets, from real estate to stocks and bonds. Historically, this has never been done by the US ...

The race for wealth funds around the world to scoop up Bitcoin may finally be on. Abu Dhabi’s sovereign wealth fund, Mubadala Investment Company, revealed itself to be the seventh largest ...

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 ...

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 ...