Saudi Arabia’s Public Investment Fund (PIF) — the massive sovereign wealth fund driving many of the kingdom’s biggest economic ambitions — is under renewed scrutiny following its role in a $55 billion ...

A sovereign wealth fund is a government-owned and operated investment vehicle. They are often funded with money derived from the sale of finite resources such as oil. This preserves the money for the ...

The federal government is taking equity stakes in American companies through reappropriated agency funds. Experts say this ...

President Donald Trump has called for the creation of a sovereign wealth fund (SWF) "in order to promote the long-term financial health and international leadership of the United States." But what ...

Four years ago, when Indonesian President Prabowo Subianto was Defense Minister under then-President Joko Widodo (Jokowi), Indonesia created its first state-run investment fund, the Indonesia ...

SYDNEY (Reuters) - Australia's sovereign wealth fund, the Future Fund, said on Tuesday its valuation had reached A$252 billion ($166.22 billion) as it pared back its U.S. market exposure to boost ...

President Donald Trump has put his plan to create a sovereign wealth fund on the back burner after three months of administration deliberations failed to offer the broad investment flexibility he ...

The Indonesian Economic Alliance evaluates the presence of Danantara as potentially obstructing the business climate and ...

Shares in Novo Nordisk rose on Monday after the Wegovy maker lost out to Pfizer in a $10 billion bidding war for U.S. biotech Metsera , as investors had viewed its offer as too complex.

Lilly Endowment has crossed a threshold that once seemed reserved for sovereign wealth funds and the very largest ...