President Trump continues to talk about creating a sovereign wealth fund. Economists say SWFs invite grift. But others say ...

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

Joseph Bankman is the Ralph M. Parsons professor of law and business at Stanford Law School. Mark P. Gergen is the Robert and ...

President Trump has issued an executive order to develop a plan for the establishment of a sovereign wealth fund, but this ...

New sovereign wealth fund Danantara Indonesia will focus on large-scale projects generating good returns as it prioritises ...

Egypt aims to move state-owned enterprises to be managed by the country's sovereign wealth fund, to maximise the return on ...

Treasury Secretary Scott Bessent named a Wall Street and military veteran to advise on plans for a sovereign wealth fund, ...

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

A sovereign wealth fund often serves as a vehicle to invest a government’s budget surplus. The U.S. doesn’t have that luxury.

There are over 90 sovereign wealth funds in the world. The biggest ones are owned by states with significant oil revenues and ...

Should the U.S. create a sovereign wealth fund in line with President Donald Trump's executive order this week, it would be ...