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 for the US to join the ranks of nations with such assets.

New sovereign wealth fund Danantara Indonesia will focus on large-scale projects generating good returns as it prioritises sectors championed by the government to increase economic growth and create jobs,

Trump wants to create a sovereign wealth fund for the U.S. Some conservatives applaud the idea and think it could help prevent Social Security from running out of money. However, many hurdles must be jumped before a U.

A logistics group backed by Oman’s sovereign wealth fund is likely to price its shipping unit’s listing at the top of the range, raising 128.1 million riyals ($332.7 million).

The massive sovereign wealth fund has come under scrutiny as analysts flag concerns about governance and political influence 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.

President Donald Trump is scheduled to attend a meeting in Miami on Wednesday with global financiers and tech executives hosted by Saudi Arabia’s sovereign wealth fund. The conference will focus on U.

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

President Vladimir Putin on Sunday appointed the chief of Russia's sovereign wealth fund, Kirill Dmitriev, as a special envoy on international economic and investment cooperation, according to a decree quoted by Russian news agencies.

Roundhill Investments has filed a proposed ETF with the U.S. SEC that seeks to provide exposure to a potential sovereign wealth fund. Read more here.

The sports investment arm of Saudi Arabia’s sovereign wealth fund is buying a minority stake in billionaire Len Blavatnik’s streaming service Dazn Group, which holds the broadcasting rights of some of Europe’s top-tier football leagues.

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

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 holder of shares in BlackRock’s Bitcoin ETF,