The case for a U.S. sovereign wealth fund
Instead of passing debt to future generations, we’d be giving them assets—and they’d have a real stake in America's success.
Indonesia’s new sovereign wealth fund—at nearly $1 trillion—heralds an economic powerhouse taking full control of its resources
Danantara Indonesia signals that the nation is leveraging its abundant natural wealth to invest in its future.
Sovereign wealth funds are back in vogue as ‘an extension of a country’s industrial policy’
Indonesia, the Philippines and the city of Hong Kong all recently launched new funds. Now Trump's U.S. wants one too.
Wall Street Journal5d
The Last Thing America Needs Is a Sovereign Wealth Fund
If reports are correct that former Morgan Stanley technology banker Michael Grimes is set to lead President Trump’s planned U ...
Dealmaker Michael Grimes Expected to Lead New US Sovereign Wealth Fund, Sources Say
NEW YORK (Reuters) -Star technology investment banker Michael Grimes, who left Morgan Stanley to take up a senior role in the ...
Mongabay News1d
Indonesia’s coal gasification reboot faces backlash over economic, environmental risks
A renewed plan by the Indonesian government to turn coal into gas or liquid fuel forms has received mounting backlash from ...
Saudi Arabia’s Sovereign Wealth Fund Sets Up Own Duty-Free Retailer
Called Al Waha, the first Saudi-owned travel retailer will be straddling all channels from airports and seaports to ...
Exclusive: Dealmaker Michael Grimes expected to lead new US sovereign wealth fund, sources say
Star technology investment banker Michael Grimes, who left Morgan Stanley to take up a senior role in the U.S. Commerce ...
AOL3d
The case for a U.S. sovereign wealth fund
Sovereign wealth funds are usually the strategic resources of petrostates with budget surpluses, not diverse, debt-heavy economies like the United States. That should change. Instead of managing ...