Indonesia’s new sovereign wealth fund

America Needs a Sovereign Wealth Fund
Washington may not have a sovereign wealth fund, but almost half the U.S. states do. Indeed, the earliest precursor of a national sovereign wealth fund was established in the United States: in 1803, Ohio created a land trust to finance public education in the state.
New Indonesia sovereign wealth fund to invest $20 billion in projects
Danantara Indonesia will invest $20 billion in a wide range of projects from metal processing to artificial intelligence, President Prabowo Subianto said.
How a US Sovereign Wealth Fund Would Work in Reality
A sovereign wealth fund often serves as a vehicle to invest a government’s budget surplus. The U.S. doesn’t have that luxury.
New sovereign wealth fund launched
The country launched its new sovereign wealth fund Danantara, the latest initiative by President Prabowo Subianto to deliver on his ambitious economic growth target of 8% within his first term. Danantara, short for Daya Anagata Nusantara, will serve as an investment vehicle and holding company for state-owned entities (SOEs).
Indonesia launches new multi-billion-dollar sovereign wealth fund
Indonesia on Monday launched a new sovereign wealth fund that will aim to manage state assets worth more than $900 billion as President Prabowo Subianto looks to turbo-charge growth in Southeast Asia's biggest economy.
Trump’s ‘Sovereign Wealth Fund’ Will Be A Disaster. Just Ask Malaysia
After decades of Washington telling Asia to improve economic fundamentals, it’s Asia’s turn to worry the U.S. is trashing its own.
Should the U.S. create a sovereign wealth fund?
President Donald Trump signed an executive order last week to create a sovereign wealth fund, similar to those of nations in the Middle East, Europe and Asia. The funds, which typically use surplus wealth, operate by making direct investments (like stock, bonds, real estate, equity funds, etc.) with government dollars.
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Implications Of A U.S. Sovereign Wealth Fund
President Trump initiated a plan to establish a United States Sovereign Wealth Fund, with a 90-day deadline for a detailed proposal. The fund will likely be funded by the sale of treasury assets ...
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Abu Dhabi Sovereign Wealth Fund Stockpiles $436 Million in BlackRock Bitcoin ETF Shares
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Danantara may 'discourage' private sector investment
The wealth fund is committed to optimizing the role of SOEs as the backbone of national development, contradicting President ...
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Danantara can be driving force for infra investment: minister
Indonesia's sovereign wealth fund Daya Anagata Nusantara (Danantara) could help drive national infrastructure investment, ...
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1MDB drops US$248 million suit against Wolf of Wall Street producer: Lawyer
Malaysia's sovereign wealth fund 1MDB has withdrawn its US$248 million lawsuit against one of the producers of The Wolf of ...