Indonesia has launched a new sovereign wealth fund with an initial US$20 billion commitment that could potentially boost its economy or falter if its management falls short of international standards.

KIC is South Korea's sovereign wealth fund, managing public funds entrusted to it by the national government and Bank of Korea. KIC’s assets increased to $206.5 billion as of Dec. 31 ...

JAKARTA: Danantara, the nation’s newly established sovereign wealth fund, may end up stifling growth instead of fuelling it, analysts warn. They pointed out that the way the government has ...

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 ...

Egypt aims to move state-owned enterprises to be managed by the country’s sovereign wealth fund, to maximize the return on state assets, Investment Minister Hassan El Khatib said on Wednesday.

Ambitious economic development plans, growth of private credit markets, and sovereign wealth funds are putting the Middle East region’s capital markets on the global investment map, Moody’s ...

President Trump has issued an executive order instructing the heads of certain agencies to “develop a plan for the establishment of a sovereign wealth fund.” Is that possible, and if so ...

JAKARTA – Indonesia launched its new sovereign wealth ... political endeavour,” he told ST. Indonesia has also passed a law protecting Danantara’s directors from personal liability for the ...

(UPDATE) JAKARTA — Indonesia on Monday launched a new sovereign wealth fund that will aim to manage state assets worth more than $900 billion as President Prabowo Subianto looks to turbo-charge growth ...

Indonesia on Monday launched a new sovereign wealth fund that will aim to manage state assets worth more than $900 billion as President Prabowo Subianto looks to turbo-charge growth in Southeast ...

Danantara, which is projected to manage over $900 billion worth of assets, is Indonesia's second sovereign wealth fund. The Indonesia Investment Authority, the country's first sovereign wealth ...