Topic

Governance

Coverage, charts, video and research on Governance for universal owners.

Latest in Governance
When the State Joins the Cap Table
Governance

When the State Joins the Cap Table

Governments are taking equity, underwriting demand and backing strategic projects in sectors they also regulate. Universal owners need rules for the moment the state becomes shareholder, customer and rule-maker at the same time.

UAO Editorial · Jul 24, 2026
Institutional Investing

What Is Fiduciary Capitalism?

Fiduciary capitalism names the era when pension funds, sovereign wealth funds, and other institutional investors became the dominant owners of the global economy — and what that means for governance, stewardship, and accountability.

UAO Editorial · Jun 11, 2026
Stewardship for Universal Owners — Universal Asset Owners
Universal Owners

Stewardship for Universal Owners

Stewardship is the use of ownership rights and influence to protect and enhance long-term value. For a universal owner that cannot diversify away systemic risk, it is a core risk-management tool, not a box-ticking exercise. Here is how it works.

UAO Editorial · May 25, 2026
The Santiago Principles Explained — Universal Asset Owners
Sovereign Wealth Funds

The Santiago Principles Explained

The Santiago Principles are 24 voluntary standards for how sovereign wealth funds are governed, disclosed and invested. Here is what they cover, why they were created in 2008, and how they are used today.

UAO Editorial · May 25, 2026
The Daily Brief

The morning briefing for the people who allocate long-horizon capital.

Research, charts, video and podcast analysis for the institutions investing at the scale of the world.