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 ...

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

Sovereign wealth funds are some of the most powerful — and secretive — investors in the world, with more than US$13 trillion ...

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

Indonesia's resource-rich economy grew 5.02% from a year earlier in the fourth quarter of 2024, compared with a 4.95% expansion in the third quarter. That exceeded economists' expectations, with a ...

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

Sovereign wealth funds invest state or government money. They’re typically created from budget surpluses or revenues from oil ...

President Donald Trump this week signed an executive order to create a plan for a U.S. sovereign wealth fund. Here’s a look ...

USAID is on the verge of being dismantled under President Trump. How will the rest of the U.S. development toolkit, ...