RESEARCH HUB

Strategic Actors — 2026

Research on institutions and firms with structural capacity through capital, ownership, production, physical intermediation or technology.

Global System & Power2026-09-19

Structural power is not wealth: identifying the actors that can change the system

BlackRock, NBIM, Trafigura, Glencore and ASML illustrate how capital allocation, ownership rights, physical intermediation, production and technological dependence create different forms of structural capacity.

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Global System & Power2026-09-19

Sovereign capital is not one model: four ways public wealth transmits into markets and productive capacity

PIF, Mubadala, Temasek and Norway's GPFG deploy public wealth through different mandates and governance structures; portfolio size alone does not explain their structural effects.

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