Sovereign wealth funds
Danantara’s US$1.4 billion Garuda play emerges as key reform test
The 76-year-old airline is a major employer and a key mode of transport for the country
Saudi wealth fund plans to more than double investments in Japan
[SAUDI ARABIA] Saudi Arabia’s sovereign wealth fund is looking to increase its investments in Japan to about US$27 billion by the end of 2030.
Indonesian fund to raise another 12.6 trillion rupiah from patriot bonds
Danantara has not specified how it will use the additional proceeds
Rising global inequality fuels populist policies and market intervention, Australia wealth fund chief warns
Investors are navigating elevated geopolitical risks as global trade patterns shift and protectionist barriers rise
Indonesian sovereign wealth fund Danantara taps banks for US$1 billion credit line
DBS, HSBC, Standard Chartered and United Overseas Bank are underwriting the three-year revolving credit facility
Garuda’s fleet growth at risk as Danantara trims funding
[JAKARTA] Indonesia’s sovereign wealth fund Danantara is reducing its financial support for flag carrier Garuda Indonesia, putting in doubt the distressed airline’s ability to refresh its fleet.
GoTo shares jump to three-month high on report Danantara to be involved in Grab merger
The possibility of a failure or delay in the merger remains significant
Indonesian sovereign wealth fund Danantara bids US$1 billion for land at Mecca site: sources
If Danantara’s bid succeeds, it would mark the sovereign fund’s first overseas investment
Norway wealth fund to vote against Musk US$1 trillion Tesla pay package
Investors in the electric-vehicle maker will decide on Nov 6 whether to approve the package
Indonesian sovereign wealth fund Danantara hires 2 executives from Singapore’s GIC
Indonesia’s other sovereign wealth fund has also expressed interest in co-funding deals with regional and global private credit managers
