US President Donald Trump announced last week the creation of the first American sovereign wealth fund. He had pledged during ...
Effectively, it's a government-run hedge fund that invests in assets like stocks, bonds, real estate, and infrastructure.
China’s Expanding Influence: China has financial stakes in nearly 100 ports worldwide, while the US has virtually none. Lea ...
Could the United States soon be joining the likes of Norway, Kuwait and Mongolia in having a national reserve to invest on ...
The BRICS bloc, with South Africa, Egypt, and Ethiopia currently representing Africa among its member states, is poised to ...
We can make sense of the sovereign wealth fund if we adopt a fundamentally different perspective on the role of American ...
Mongolia, Norway and Kuwait all have one. So too do Texas, Alaska and New Mexico. But a US fund to invest in projects of national interest needs to be free of political interference.
The Treasury and Commerce Departments are drafting a plan detailing how a federal sovereign wealth fund might be structured, ...
President Donald Trump’s order for the proposed fund calls for a plan within 90 days that details the vehicle’s purpose, ...
"promote the long-term financial health and international leadership of the United States." America's new sovereign wealth ...
President Trump recently issued an executive order to develop a plan for a sovereign wealth fund. But what exactly is a sovereign wealth fund and why does Trump want one?