Sovereign wealth funds are becoming the hottest thing in global finance ... The first modern-day funds were set up by ...

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, ...

TEMPO.CO, Jakarta - Introduced by the Kuwait Investment Authority in 1953, sovereign wealth funds have been prevailing as a deployment to operate a nation’s investments. Essentially, these investments ...

A sovereign wealth fund often serves as a ... $1 trillion wealth fund is more than three times its GDP, while Kuwait’s wealth fund, also $1 trillion, is around five times its GDP.

Kuwait’s cabinet approved a draft decree that paves the way for the OPEC-member Gulf state to sell international debt for the ...

A sovereign wealth fund is a state-owned investment fund that ... Historically, this has never been done by the US, but has been done by Norway, Kuwait, and Mongolia. Some argue that it’s ...

Sovereign wealth funds are becoming the hottest thing in ... rich countries hoping to leverage their financial surplus, with Kuwait setting up the earliest such organization in 1953.