Visit us at Network2020.org. The prospect of a U.S. sovereign wealth fund—most recently proposed by President Trump—has sparked renewed debate about America’s economic strategy at home and abroad. While sovereign wealth funds traditionally manage national surpluses for long-term strategic investment, the U.S. has never adopted one, despite the fact that the number of sovereign wealth funds globally has tripled since 2000. What is behind this global growth? What are the advantages and di...