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Don't most sovereign wealth funds invest mainly (or entirely like in Norway's case) into foreign assets. Holding significant stakes in domestic companies just
by qwytw 1y ago
Don't most sovereign wealth funds invest mainly (or entirely like in Norway's case) into foreign assets.
Holding significant stakes in domestic companies just seems like light state capitalism.
- Telemakhos 1y agoI'd suspect Trump would model his on Saudi Arabia's PIF rather than Norway's fund. The PIF invests in companies worldwide, including Uber and Blackstone, as well as providing capital for mega-projects like NEOM. https://en.wikipedia.org/wiki/Public_Investment_Fund#List_of_investments https://en.wikipedia.org/wiki/Public_Investment_Fund#List_of...