Firms have a growing appetite for private markets, as shown by President Trump’s proposed creation of a US SWF.

Sovereign wealth funds have been around for generations, and President Donald Trump wants the federal government to join in on the trend. But there are a few problems — namely, it’s never been done in ...

If reports are correct that former Morgan Stanley technology banker Michael Grimes is set to lead President Trump’s planned U ...

President Trump signed an executive order to create a U.S. sovereign wealth fund ... making it a non-replicable model for a federal-level wealth fund.

NEW YORK (Reuters) -Star technology investment banker Michael Grimes, who left Morgan Stanley to take up a senior role in the ...

Indonesia, the Philippines and the city of Hong Kong all recently launched new funds. Now Trump's U.S. wants one too.

An unprecedented accumulation of power in Indonesia’s corporate landscape is fueling investor concern about political ...

Critics of the plan say the U.S. is operating at a deficit and the normal way a sovereign wealth fund works is not applicable. Trump said funding could come from tariffs, and the fund could be ...

Star technology investment banker Michael Grimes, who left Morgan Stanley to take up a senior role in the U.S. Commerce ...

Take Singapore, which has two sovereign wealth funds. The first is GIC, which follows a more traditional long-term model by investing the country’s financial assets in public equities ...