The U.S. ran a budget deficit of $1.83 trillion for its 2024 financial year and a trade deficit of $918.4 billion in the 2024 calendar year, meaning that it doesn’t have a surplus that could be used ...

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

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 ...

a sovereign wealth fund is proportional to its economy, meaning the U.S.’s would have to be quite impressive, being the largest economy in the world. While signing the executive order ...

Russia’s sovereign wealth fund is eyeing the development of rare earth deposits in the country and wants to partner with U.S.

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 ...

Shaftesbury Capital shares rose after the company said it was selling a 25% interest in its Covent Garden portfolio in London to Norway's sovereign wealth fund in a deal that values the estate at 2.7 ...

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 ...