US President Donald Trump announced last week the creation of the first American sovereign wealth fund. He had pledged during ...

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, ...

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?

President Donald Trump is taking steps to overhaul the way the U.S. government invests its money and change the nature of ...

Norway’s gigantic sovereign wealth fund posted a full-year profit of 2.5 trillion kroner ($222.4 billion) on Wednesday. Norges Bank Investment Management, which manages the fund, said the ...