Indonesia appoints Ray Dalio as advisor for new sovereign wealth fund

Ray Dalio, founder of Bridgewater, the world's largest hedge fund, has been tapped as an adviser to Indonesia's new sovereign wealth fund. Launched in February, the Daya Anagata Nusantara Investment Management Agency is projected to manage more …

Sovereign wealth funds provide the patient capital necessary for growth

For a small country without abundant mineral resources, the idea of a sovereign wealth fund for Djibouti might have seemed as bordering on the absurd but Lionel Zinsou, founder and managing partner of Southbridge, a pan African advisory consultancy, …

Indonesia’s new sovereign wealth fund vows transparency ‘like a public company’

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Indonesia will run its colossal new sovereign wealth fund “like a public company”, its chief investment officer said as he …

UBS's critical quant joined hedge fund Millennium

Central risk book (CRB) teams in banking have historically been divisive. In some cases, they're small teams of ultra-powerful quants taking proprietary risk with the bank's own balance sheet; in others, they're not-so-glorified algorithmic …

Trump targeting Ukraine's mineral wealth

Countries with natural resources such as rare earth minerals are becoming targets, often of military superpowers. Minerals such as lithium and graphite, which are rarer than other minerals, are examples of such minerals, ranking as high as oil and gas. …

Norway’s government is being pushed to rethink ‘illogical’ ethical ban on its $1.8 trillion sovereign wealth fund ...

Norway's opposition asks wealth fund to lift weapons ban

Norway’s sovereign wealth fund is facing calls from opposition parties to end its ban on investing in some defence companies, as defence spending in Europe rises. The Government Pension Fund Global, managed by Norges Bank, cannot invest in companies that …

Norway urged to scrap ban on $1.8 trillion wealth fund investing in weapons makers

Nicolai Tangen, CEO of Norges Bank Investment Management, addresses a press conference on his company's annual results for 2024 at Norges Bank in Oslo, Norway, on January 29, 2025. Ole Berg-rusten | Afp | Getty Images Norway's government is under …

Chief of Russia's sovereign wealth fund to meet Trump envoy in Washington this week, source says

By Gram Slattery and Jasper Ward WASHINGTON (Reuters) -The chief of Russia's sovereign wealth fund Kirill Dmitriev is expected to visit Washington this week for talks with the Trump administration, said a source familiar with the plan, the first visit …

Norway sovereign wealth fund to vote against Rio Tinto dual-listing review resolution

(Reuters) - Norges Bank Investment Management will vote against a resolution for mining major Rio Tinto to review its two listings in London and Sydney, the website for Norway's sovereign wealth fund showed. Rio Tinto shareholders are set to vote on …