College Investments And Links To Chinese Companies and Universities

Mae'r cais yn aros am eglurhad. Os Oliver Walsh ydych chi, os gwelwch yn dda, mewngofnodi i anfon neges ddilynol.

Dear Downing College, Cambridge,

This is a formal request under the Freedom of Information Act 2000.

Could you please provide:

(1) A list of companies which the College holds stocks and shares in, specifying how many shares are held and the approximate value of the shareholding.

(2) A list of exchange traded funds, private equity funds, mutual funds, index funds, commodities, hedge funds, and bonds that the college has investments in, including the approximate value of each.

(3) In the case of any indirectly held or fund-based investments a breakdown of the companies invested in through the fund, including the percentage of the total fund made up by each holding.

(4) A list of donations from and other professorships, fellowships, institutes or any other academic opportunities funded by Chinese companies including, but not limited to:

- Huawei
- Alibaba
- Tencent
- China Electronics Technology Group Corporation
- Yitu
- Megvii
- SenseTime
- CloudWalk
- Hikvision

(5) A list of any other instances of cooperation, academic or otherwise, between the College and universities and companies based in China.

If you are to invoke Section 43 to withhold information in relation to any of these questions please note you must provide details of the exact FOIA exemption, details of who would be prejudiced by this information, and a public interest test justifying a conclusion with arguments for and against the release of the information.

If you are to invoke Section 12 to withhold information in relation to any of these questions please provide details of how locating, retrieving and extracting this information would exceed the appropriate limit of £450 as set out in the Freedom of Information and Data Protection (Appropriate Limit and Fees) Regulations 2004. Please also be aware of your duty under section 16 (1) of the Act to advise and assist me in narrowing my request to bring it within the appropriate limit.

Thank you very much for your assistance with this request. If you would like any clarification on the information I have asked for, please don’t hesitate to get in touch. I look forward to receiving your response in the next 20 working days.

Yours faithfully,

Oliver Walsh

Paul Boult, Downing College, Cambridge

Dear Mr Walsh,

 

Thank you for your FoI request to Downing College regarding our
investments.

 

Please be advised that the College has engaged the services of an
investment manager (Partners Capital) whose terms of business include a
requirement that the College must not disclose any information in relation
to their business or other matters of a confidential nature of which it
may be made aware during the period of engagement. Furthermore, that
requirement is binding on the College and the disclosure of information
would constitute a breach of confidence and be actionable by the
investment manager. The information is therefore exempt under section 41
(Information provided in confidence) of the Freedom of Information Act.
 General information concerning our investments is published in our Annual
Report and Accounts (p.31-33 and p.36-38).
[1]https://www.dow.cam.ac.uk/sites/default/...

 

Concerning question 4, we cannot find any records of receiving donations
from any Chinese companies. For question 5, we host the Beihang Summer
School which is in collaboration with Beihang University. This is a course
where undergraduates from Beihang visit Downing for two weeks and attend
English language classes followed by a taught academic course for one week
on a range of topics.

 

Further information about making a request to the College, including your
legal rights if you are not satisfied with our response may be found at
[2]http://www.dow.cam.ac.uk/about/documents...
     

 

Best wishes,

 

Paul Boult

Records & Information Manager

Downing College, Cambridge

 

 

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