Danantara Indonesia will invest $20 billion in a wide range of projects from metal processing to artificial intelligence, ...

Washington may not have a sovereign wealth fund, but almost half the U.S. states do. Indeed, the earliest precursor of a ...

Besides Danantara, these are the top largest sovereign wealth funds in the world based on the data published by Sovereign ...

Indonesia on Monday launched a new sovereign wealth fund that will aim to manage state assets worth more than $900 billion as ...

President Vladimir Putin on Sunday appointed Kirill Dmitriev, the chief of Russia's sovereign wealth fund, as a special envoy ...

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

The Treasury and Commerce Departments are drafting a plan detailing how a federal sovereign wealth fund might be structured, ...

After decades of Washington telling Asia to improve economic fundamentals, it’s Asia’s turn to worry the U.S. is trashing its own.

JAKARTA – Indonesia launched its new sovereign wealth fund Danantara on Feb 24, the latest initiative by President Prabowo ...

Monday’s launch comes after Southeast Asia’s biggest economy saw a wave of student protests in major Indonesian cities last week as a result of the government’s budget cuts to fund President Prabowo ...

He wants to tap into the fund's assets -- planned to be more than $900 billion -- to boost Indonesia to developed economy ...

Danantara Indonesia will invest $20 billion in a wide range of projects from metal processing to artificial intelligence.