President Trump is directing his commerce and treasury secretaries to create what's called an American sovereign wealth fund.

President Donald Trump’s order for the proposed fund calls for a plan within 90 days that details the vehicle’s purpose, ...

Effectively, it's a government-run hedge fund that invests in assets like stocks, bonds, real estate, and infrastructure.

The Norwegian domestic wealth fund bought more shares in tanker companies Frontline and Hafnia in the second half of 2024. Folketrygdfondet, which manages the Government Pension Fund Norway, has ...

Trump proposed setting up a fund that would finance "great national endeavors" including infrastructure projects while ...

Trump issued an executive order for the creation of the nation's first sovereign wealth fund, which could be used to purchase ...

The Treasury and Commerce Departments are drafting a plan detailing how a federal sovereign wealth fund might be structured, ...

Several U.S. states already have sovereign wealth funds — government-controlled investment funds that enable excess capital ...

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

The sovereign wealth fund — a government-owned and-administered investment fund — will be the first ever established in the ...