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

John Flint, the leader of the UK’s National Wealth Fund, will step down this summer, months after he was named to lead the ...

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

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

They generally diversify investment across assets, geographies and sectors, including some, such as sports and entertainment ...

US President Donald Trump announced last week the creation of the first American sovereign wealth fund. He had pledged during ...

It’s called a sovereign wealth fund, and it is the tool petrostates and other governments use to direct the investment of their budget surpluses. Given Trump’s personality, penchant for grand ...

Effectively, it's a government-run hedge fund that invests in assets like stocks, bonds, real estate, and infrastructure.

As President Donald Trump pushes forward with plans to create the United States' first-ever sovereign wealth fund, he should ...

Glasgow has been named as one of four regions across the UK which will benefit from a new National Wealth Fund partnership.

that are aligned with national development goals. Sovereign wealth funds are usually associated with great wealth – Norway’s “oil fund” is estimated to be worth US$1.7 trillion.