The Indonesian Government has approved Danantara, a new sovereign wealth fund designed to consolidate state-owned enterprises and attract investment. With an initial US$61 billion in funding, it is ...

Danantara, Indonesia’s new sovereign wealth fund, aims to restructure SOEs, attract global investment, and expand assets to ...

Indonesia's second sovereign wealth fund has finally secured the necessary legal framework. The government said the fund will ...

There are over 90 sovereign wealth funds in the world. The biggest ones are owned by states with significant oil revenues and ...

Indonesia’s state-controlled companies, which have long dominated various sectors of the trillion-dollar economy, ...

The US doesn't run a surplus like most sovereign wealth funds. But Trump's order refers to trillions in existing assets.

President Donald Trump on Monday signed an executive order ordering the U.S. Treasury and Commerce Departments to create a ...

Indonesia's sovereign wealth fund, Indonesia Investment Authority (INA), and Japan's Mitsui & Co are among prospective buyers ...

President Donald Trump’s executive order to create a plan for a U.S. sovereign wealth fund would follow those of Norway, ...

The Danantara fund, which will be seeded with at least $61 billion, will be placed under the direct supervision of the ...