UK institutions and system
Firing up the fund
What it examines
Sood and Harris propose a more proactive National Wealth Fund, stronger public sharing in investment returns and conditions on supported projects, and scope to expand financing over time. The paper draws on illustrative cases and international comparisons and advocates future bond issuance.
Why it matters
An early contribution to the debate about NWF design and public value. Read it as a set of proposals rather than a description of today’s mandate or available capital.
Published in March 2025, before the later National Wealth Fund framework.
Institutions and themes
Related documents
Catalogue entry reviewed 25 Sept 2026. The summary describes the publication’s analysis; it does not establish that historical findings remain current.