By James Guild

East Asia Forum-Oct 24, 2025

Historically, state-owned investment funds in Southeast Asia remained in the domain of net-exporting nations, such as Malaysia and Singapore, who sought to grow their accumulated sovereign wealth. However, with the launch of funds such as Indonesia’s Danantara and the Philippine’s Maharlika Wealth Fund, these funds are increasingly being re-conceptualized as a means to leverage financial resources in service of the national interest and economic development. Read more at: https://eastasiaforum.org/2025/10/24/the-rise-of-state-owned-investment-funds-in-southeast-asia/ First published in East Asia Forum