A move by President Donald Trump to create a sovereign wealth fund for the US is a significant initiative that could bolster ...

Instead of passing debt to future generations, we’d be giving them assets—and they’d have a real stake in America's success.

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

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

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation ...

With Michael Grimes, a thirty-year Morgan Stanley veteran, joining the Commerce Department to lead a planned US sovereign wealth fund (SWF) and JR Gibbens, a Wall Street and military veteran, advising ...

Indonesia, the Philippines and the city of Hong Kong all recently launched new funds. Now Trump's U.S. wants one too.

Gold monetisation is gaining ground in the United States as the administration under president Donald Trump explores ways to ...

Michael Grimes has reportedly been recruited to lead the sovereign wealth fund being pushed by U.S. President Donald Trump – he is known as a key dealmaker in the investment realm and also for his ...

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 ...

Dealmaker Michael Grimes Expected to Lead New US Sovereign Wealth Fund, Sources Say By ... country's budget surplus to make investments, but the United States operates at a deficit.