Tucked into the stack of the more than 50 executive orders President Trump has signed since taking office is the plan to create a new sovereign wealth fund. But what exactly will it do and where will ...

President Trump recently issued an executive order to develop a plan for a sovereign wealth fund. But what exactly is a sovereign wealth fund and why does Trump want one?

you might want to consider passing on by American Funds New World A (NEWFX) as a possibility. NEWFX carries a Zacks Mutual Fund Rank of 4 (Sell), which is based on various forecasting factors like ...

Norway’s gigantic sovereign wealth fund posted a full-year profit of 2.5 trillion kroner ($222.4 billion) on Wednesday. Norges Bank Investment Management, which manages the fund, said the ...

Credit: PRNewswire/ Lucid Group, Inc. American EV manufacturer Lucid Group, backed by Saudi Arabia’s sovereign wealth fund, has appointed Taoufiq Boussaid as its new CFO. In the new role ...