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Don’t dismiss Trump’s idea of a Maga SWF

Financial Times LogoFinancial Times5d ago

Don’t dismiss Trump’s idea of a Maga SWF - Financial Times

Quick Summary:

It must surely rankle with Trump that Norway has the biggest fund with $1.8tn of assets.

SWFs have been in existence since the 1950s but have grown rapidly as a global force in markets and economies in recent years since I started tracking them in the mid-2000s at Morgan Stanley.

By the way, it’s hard to justify the US Social Security Trust Fund — which pays out social security benefits — being invested solely in Treasuries instead of having some exposures to US equities.


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Article Details

Author / Journalist: Stephen Jen

Category: MarketsFinanceInvesting

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-18 @ 05:00:18 (5 days ago)

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Article Length: 856 words

Reading Time: 5 minutes read

Sentences: 34 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Financial Times

News ID: 26242246

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About Financial Times

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Main Topics: MarketsFinanceInvesting

Official Website: ft.com

Update Frequency: 4 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 11 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #3

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