SovereignFund

Norway's Wealth Fund Expands Its Portfolio with $570 Million Investment in Covent Garden

14 days ago

In a significant move signaling its confidence in urban property markets, Norway's sovereign wealth fund is set to acquire a substantial stake in Covent Garden, a prestigious area known for its shopping and dining in London. This investment, amounting to approximately $570 million, underscores the fund's continuing strategy to diversify its holdings into prime real estate across key global cities.

Trump Proposes Ambitious $900 Billion Sovereign Fund for the U.S.

2 months ago

In a bold economic vision outlined recently, former President Donald Trump has proposed the establishment of a massive $900 billion sovereign wealth fund aimed at bolstering the United States' economy and safeguarding the nation’s financial future. This proposal comes as part of Trump’s ongoing campaign efforts as he seeks to reestablish himself as a leading contender for the presidency in the upcoming 2024 election.

Malaysian PM Initiates Audit of Sovereign Fund's Troubling Investment

5 months ago

In a significant move aimed at increasing accountability and transparency, Malaysian Prime Minister Anwar Ibrahim has directed a comprehensive audit of the country’s sovereign wealth fund following revelations of substantial losses tied to a controversial investment venture. This decision comes in the wake of growing scrutiny over the management of these public assets, particularly in sectors that are reportedly underperforming.