The Commerce Department is tapping former Morgan Stanley banker Michael Grimes to lead a planned sovereign wealth fund, part ...

On Monday, President Donald Trump signed his latest executive order, to create the nation's first sovereign wealth fund. If created ... provides short-term cash management to local governments.

The New Zealand Superannuation Fund has committed a further NZ$50 million ($45.2 million) to a private equity investment manager's strategy investing in Australian and New Zealand companies.

These are two of the largest sovereign wealth funds in the world: Saudi Arabia's Public Investment Fund and Norway's Norges Bank Investment Management. Both are commissioned to invest and ...

Star technology investment banker Michael Grimes, who left Morgan Stanley to take up a senior role in the U.S. Commerce ...

There are a couple of elements at play around why people are responding so negatively to the news of the Trump sovereign wealth fund. The most pressing of these is a form of emotional management.

Those concerns were heightened when a company linked to the United Arab Emirates' sovereign wealth fund purchased port management businesses at several U.S. ports in 2006. Those concerns resulted in a ...

That’s the messaging that a collective of super funds, representing about A$1.5 trillion ($940.2 billion) in total, and ...