sovereign wealth fund, Indonesia

New Indonesia sovereign wealth fund to invest $20 billion in projects
Danantara Indonesia will invest $20 billion in a wide range of projects from metal processing to artificial intelligence, President Prabowo Subianto said.
America Needs a Sovereign Wealth Fund
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, Ohio created a land trust to finance public education in the state.
Indonesia launches new multi-billion-dollar sovereign wealth fund
Indonesia on Monday launched a new sovereign wealth fund that will aim to manage state assets worth more than $900 billion as President Prabowo Subianto looks to turbo-charge growth in Southeast Asia's biggest economy.
Trump’s dream sovereign wealth fund could draw co-investors, if it avoids the pitfalls
With official details scant so far, speculation about the shape of a planned new US sovereign wealth fund (SWF) is broad. But if the idea does become a reality, other asset owners are likely to be affected by such a large newcomer in one way or another.
How a US Sovereign Wealth Fund Would Work in Reality
A sovereign wealth fund often serves as a vehicle to invest a government’s budget surplus. The U.S. doesn’t have that luxury.
Indonesia launches new sovereign wealth fund Danantara, with eye on 8% growth
The fund will invest US$20 billion (S$27 billion) in 20 projects to drive development in the nation. Read more at straitstimes.com.
Trump’s ‘Sovereign Wealth Fund’ Will Be A Disaster. Just Ask Malaysia
After decades of Washington telling Asia to improve economic fundamentals, it’s Asia’s turn to worry the U.S. is trashing its own.
Indonesia launches sovereign wealth fund to manage assets worth US$900 billion; initial budget to kickstart 20 ‘strategic projects’
Monday’s launch comes after Southeast Asia’s biggest economy saw a wave of student protests in major Indonesian cities last week as a result of the government’s budget cuts to fund President Prabowo Subianto’s flagship programme - the free nutritious meal initiative  for students - as well as Danantara.
Danantara, Indonesia's new sovereign wealth fund: what to know
He wants to tap into the fund's assets -- planned to be more than $900 billion -- to boost Indonesia to developed economy status, despite expert concern about its governance.
Saudi Wealth Fund’s Alat Unit Buys 15% Stake in TK Elevator
Alat, a unit of Saudi Arabia’s sovereign wealth fund, has bought 15% of TK Elevator and unveiled a joint venture that will ...
Putin appoints Russia sovereign wealth fund chief Kirill Dmitriev special envoy
President Vladimir Putin on Sunday appointed Kirill Dmitriev, the chief of Russia's sovereign wealth fund, as a special envoy ...
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Indonesia launches sovereign wealth fund Danantara, aiming to hold US$900 billion in assets
Indonesian President Prabowo Subianto has signed a regulation that officially established a new sovereign wealth fund. The Daya Anagata Nusantara Investment Management Agency (Danantara) will manage ...
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Maharlika injects $76.4M into copper-gold project
SOVEREIGN wealth fund manager Maharlika Investment Corp. has signed a binding term sheet to provide a $76.4-million bridge loan to Makilala Mining Co. Inc. (Makilala Mining).
Norway Sovereign Wealth Fund CEO Job Attracts 82 Applicants, Including Current Chief
COPENHAGEN (Reuters) - Norway's central bank said on Tuesday it had received 82 applications for the position of CEO of the ...
Seeking Golf Deal, Trump Meets With Tiger Woods and Saudi Wealth Fund Chief
The president has been agitating recently to repair the divide between the PGA Tour and LIV Golf that has shadowed ...
Abu Dhabi wealth fund reveals $460 million Bitcoin purchase
Abu Dhabi’s sovereign wealth fund, Mubadala Investment Company, revealed itself to be the seventh largest holder of shares in ...
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Maharlika ventures into mining, extends loan to Makilala
After securing a stake in the country’s national power grid and agreeing to establish a fund with a Thai conglomerate, the ...