You Searched For "sovereign wealth fund" and got 20 results
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3 mins read
Trump and Biden agree: The US should finally start a sovereign wealth fund
Momentum on both sides of the aisle is picking up to establish an American sovereign wealth fund th…
Lakshmi Varanasi,Katie Balevic
2 mins read
The US is considering a sovereign wealth fund. Alaska already has one, and it's funding a universal basic income.
Alaska's Permanent Fund, once funded by oil extraction, is now funded through investment returns, a…
Lakshmi Varanasi
2 mins read
Norway's trillion-dollar sovereign wealth fund to vote against Musk's $56 billion Tesla pay package
Norway's sovereign wealth fund will vote against Elon Musk's $56 billion paycheck at Tesla's annual…
Cameron Manley
3 mins read
Middle East wealth funds are scrambling to rescue their big bets on the future
The sovereign wealth funds of Saudi Arabia and Abu Dhabi have made big bets on tech firms that now …
Hasan Chowdhury
1 min read
Tech stocks helped drive a record $213 billion gain at the world's biggest sovereign wealth fund in 2023
Norway's sovereign wealth fund saw a big boost from tech last year, its CEO said. The fund notched …
Yuheng Zhan
1 min read
Russia can use its sovereign wealth fund to help pay for its war on Ukraine despite sanctions, report says
Leaked documents showed that Moscow has ways to carry on the fighting in Ukraine into 2024, despite…
Phil Rosen
1 min read
The world's largest sovereign wealth fund generated returns of $111 billion in the first half of 2021 as the stock market hit record highs
The Oslo-based $1.4 trillion sovereign wealth fund saw a 13.7% return on equities and a 2.0% slide …
Isabelle Lee
2 mins read
The world's largest sovereign wealth fund says it'll dump its Russian assets over the Ukraine invasion
The Norges Bank Investment Management operates a $1.3 trillion fund. It holds shares in about 47 Ru…
Huileng Tan
1 min read
One of the world's largest sovereign wealth funds has hit the brakes on investing in China amid fears about Beijing's leadership, report says
Singapore's GIC reduced its Chinese private-equity and venture-capital investments over the past ye…
Filip De Mott
1 min read
The world's largest stock investor Norway's sovereign wealth fund — has dumped its remaining shares in Adani companies worth $200 million
The fund had started shedding its stake in Adani Group companies right from 2014 — well befor…
Huileng Tan
2 mins read
Inflation is permanent and will weigh on stock-market returns for years, says the head of world's largest wealth fund
The head of Norway's $1.3 trillion oil fund said inflation could trigger a long period of low retur…
Harry Robertson
1 min read
Saudi Arabia's sovereign wealth fund invested $2 billion in Russia before the Ukraine war, report says
A prospectus for the fund revealed investments in Russia's infrastructure, manufacturing, logistics…
Brian Evans
1 min read
Elon Musk was photographed with the CEO of Qatar's sovereign wealth fund hours before asking followers if he should quit as Twitter boss
Musk was snapped at the World Cup final with the CEO of the Qatar Investment Authority, which inves…
Pete Syme
2 mins read
Qatar's sovereign wealth fund — which invested $375 million in Elon Musk's Twitter buyout — says it hasn't told the new CEO to tweet less
Qatar Investment Authority CEO told Bloomberg Television in an interview at Davos that the sovereig…
Huileng Tan
1 min read
Former Treasury Secretary Steven Mnuchin is planning an investment fund backed by Persian Gulf wealth funds, report says
The Washington Post reported Mnuchin is planning to launch an investment fund that will be backed b…
Emily Graffeo
1 min read
Saudi Arabia's sovereign wealth fund adds a $412 million bet on tourism as oil income boosts equity investments
The kingdom's Public Investment Fund agreed to acquire a 30% stake in Almosafer Travel & Tourism.
Brian Evans
5 mins read
Court docs reveal Saudi wealth fund courted by Hollywood and Wall Street owned planes used in Jamal Khashoggi's killing
A Saudi investment fund courted by Hollywood and Silicon Valley owns two planes used to fly Jamal K…
Eli Clifton, Responsible Stat…
1 min read
Saudi Arabia's $400 billion sovereign wealth fund reveals billion-dollar stakes in video game stocks, and almost doubled its holdings of US equities in the 4th-quarter
The kingdom's Public Investment Fund bought a $1.06 billion stake in Electronic Arts and a $1.4 bil…
Shalini Nagarajan
2 mins read
Saudi Arabia's $300 billion sovereign wealth fund sold off 50% of its stake in Warren Buffett's Berkshire Hathaway
Public Investment Fund gave up on about $40 million of its original investment into Warren Buffett'…
Shalini Nagarajan
2 mins read
The world's largest sovereign wealth fund lost $21 billion in the first 6 months of 2020 as COVID-19 decimated returns
Norway's sovereign wealth fund at the end of the six months was worth 10.4 trillion kroner ($1.18 t…