Instead of passing debt to future generations, we’d be giving them assets—and they’d have a real stake in America's success.

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, ...

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

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

Norway is under pressure to tap into its massive sovereign wealth fund to boost aid to Ukraine as concerns grow over US ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation ...

If you think BlackRock’s ESG is bad, why invent a mightier tool for political interference in markets?

have criticized the prospect of a U.S. sovereign wealth fund. Former Treasury Secretary Larry Summers blasted the suggestion last September and pointed to the United States’ “big budget ...

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 ...

But there are a few problems — namely, it’s never been done in a democracy as complex as the United States. Perhaps the most well-known sovereign wealth fund, an investment fund created by a ...