What Is a Sovereign Wealth Fund, and Why Does It Matter?
As President Donald Trump pushes forward with plans to create the United States' first-ever sovereign wealth fund, he should be taking a look at some of the world's most successful funds for inspiration. One of the best examples of how a sovereign wealth fund can succeed is Norway's Government Pension Fund Global, which is worth $1.7 trillion.
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Mongolia, Norway and Kuwait all have one. So too do Texas, Alaska and New Mexico. But a US fund to invest in projects of ...
The US doesn't run a surplus like most sovereign wealth funds. But Trump's order refers to trillions in existing assets.
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It’s the latest criticism that’s been leveled at Trump from the Rupert Murdoch-owned media outlet, which has been opposed to ...
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