Tag
Sovereign wealth fund
2articles
November 2026
2 articles on this page
Strategy & leadership11 min readThe state is back: state capitalism and private firms
For owners of private firms whose rival, customer or partner has the state behind it. Alami and Dixon (2020) find that the term has no agreed definition; this post separates three meanings and draws four questions of my own, to ask before you decide.
Corporate finance10 min readPortfolio rebalancing: the tolerance band at Norway's pension fund
For an owner or CFO who holds an investment reserve and cannot tell when to bring the mix back to plan. Norway's sovereign fund rebalances when its equity share drifts past a band. The manager's 2018 letter shows that band width is a cost question, not a forecast.