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

The U.S. ran a budget deficit of $1.83 trillion for its 2024 financial year and a trade deficit of $918.4 billion in the 2024 calendar year, meaning that it doesn’t have a surplus that could be used ...

a sovereign wealth fund is proportional to its economy, meaning the U.S.’s would have to be quite impressive, being the largest economy in the world. While signing the executive order ...

That is, sovereign wealth funds are, by definition, politicized, which means they are almost a guarantee of cronyism and abuse of power. Trump floated the idea of a U.S. sovereign wealth fund ...

that’s literally where a fund is run with government money, meaning your money. And a lot of nations have sovereign wealth funds. It’s nothing new, but that was with Trump’s proposal or ...

The discussions about Grimes leading the efforts to create and spearhead the sovereign wealth fund are ongoing and plans could change, the sources said, requesting anonymity as the discussions are ...

Scopely said it would buy Niantic’s video game business, which includes Pokémon Go, for $3.5 billion. Saudi Arabia’s ...

The world’s largest sovereign wealth fund is opening up its long/short equity hedge funds allocations to external asset managers for the first time. Norges Bank Investment Management ...

Dealmaker Michael Grimes Expected to Lead New US Sovereign Wealth Fund, Sources Say By Milana Vinn and Alexandra Alper NEW YORK/WASHINGTON (Reuters) - Star technology investment banker Michael ...