Pension funds and research funding

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Dear Sir/Madam,

I am seeking information about the value of the pension fund administered by your university, as well as the value of specific holdings and dividend income from those holdings.

In addition, I am seeking information about research funding your university receives.

1. What is the most recent available value of the pension fund your organisation administers?
2. What is the latest available value of the fund’s directly-held investment in shares or bonds of the following companies: BAE Systems, Raytheon, Airbus, Northrop Grumman, Lockheed Martin, Honeywell.
3. What was the value of these holdings a year before the most recent valuation given above, or at the most recent previous valuation?
4. What dividend income and/or bond yield did the fund receive from these investments in the last 12-month period for which records are available?
5. Does the fund have any other investments in these companies via pooled investments? What is the value and dividend income from these investments?
6. The total amount, in pounds sterling, that you have received in research funding from these companies in the last five financial years. Details should be broken down for each company, year-by-year for the last five financial years.
7. The total amount, in pounds sterling, that you have has received in the form of industrial consultancy and industrial research fees from these companies in the last five financial years. Details should be broken down for each company, year-by-year for the last five financial years.

Yours faithfully,

R Vidal

Thank you for your email. Please note that we are experiencing a high
volume of emails. We will respond as soon as possible according to
operational priorities.

Dear R Vidal,

Please accept this email as confirmation of receipt of your FOI request. We will forward your FOI request to the relevant Newcastle University department for processing.

Yours sincerely,

Information Security & Governance Team
IT Service
Newcastle University
NE1 8HQ

show quoted sections

Dear R Vidal,
 
Thank you for your request for information, which we have handled under
the Freedom of Information Act (2000). Our responses are given below,
after each of your questions:
 
1. What is the most recent available value of the pension fund your
organisation administers?
We do not hold this information. The information is held by the pension
fund.
 
2. What is the latest available value of the fund’s directly-held
investment in shares or bonds of the following companies: BAE Systems,
Raytheon, Airbus, Northrop Grumman, Lockheed Martin, Honeywell.
We do not hold this information. The information is held by the pension
fund.
 
3. What was the value of these holdings a year before the most recent
valuation given above, or at the most recent previous valuation?
We do not hold this information. The information is held by the pension
fund.
 
4. What dividend income and/or bond yield did the fund receive from these
investments in the last 12-month period for which records are available?
We do not hold this information. The information is held by the pension
fund.
 
5. Does the fund have any other investments in these companies via pooled
investments? What is the value and dividend income from these investments?
We do not hold this information. The information is held by the pension
fund.
 
6. The total amount, in pounds sterling, that you have received in
research funding from these companies in the last five financial years.
Details should be broken down for each company, year-by-year for the last
five financial years.
Please see the table below:

2018/19
Customer 2013/14 2014/15 2015/16 2016/17 2017/18 at
22/04/19
Airbus Operations   £        
Ltd 1,959.00
BAE £ £
Systems(Operations) 8,512.92 2,812.92 £ 2,105.90   -£ 373.40  
Ltd
Raytheon Systems £ £ £ £ -£ 559.87  
Ltd 13,336.79 36,436.75 36,457.09 26,529.64
BAE Systems Marine £ £ £ 4,119.02   £ -£
Ltd 12,980.76 5,400.22 14,738.90 5,798.30
Airbus DS GmbH     £ £   -£
91,878.75 17,778.05 9,656.80
Airbus Defence and       £ £ £
Space Ltd 23,739.74 66,470.19 17,364.84
Total £ £ £ £ £ £
34,830.47 46,608.89 134,560.76 68,047.43 80,275.82 1,909.74

 
7. The total amount, in pounds sterling, that you have has received in the
form of industrial consultancy and industrial research fees from these
companies in the last five financial years. Details should be broken down
for each company, year-by-year for the last five financial years.
Please see the table below:

Customer 2013/14 2014/15 2015/16 2016/17 2017/18 2018/19 at
22/04/19
BAE
Systems £ 21,550.00 £ £ £ 4,950.00   £ 6,300.00
Marine 12,100.00 9,200.00
Limited
BAE
Systems
Surface £ 1,800.00          
Ships
Limited
Airbus DS     £      
GmbH 36,000.00
BAE
Systems £ £ £ 997.50 £   £
Marine 143,873.10 65,212.40 56,294.00 84,910.30
Limited
BAE
Systems   £ £ £   £
Global 22,419.00 18,489.00 222,787.05 55,643.00
Combat
BAE
Systems £
Surface         12,992.00  
Ships
Limited
BAE
Systems £ 750.00          
Global
Combat
BAE
Systems £ 1,500.00          
Marine
Limited
BAE £
Systems           10,000.00
Plc
  £ £ £ £ £ £
178,343.10 112,836.40 65,620.50 284,931.05 20,194.00 158,511.30

 
I hope that this is of use. If you are unhappy with the way we have
handled your request you can ask for an internal review. Details of how to
do this can be found at: [1]http://www.ncl.ac.uk/foi/access/complain...
 
If you are not happy with the outcome of the internal review, you then
have the right to apply directly to the Information Commissioner's Office
for a decision. Details of how to do this can be found at:
[2]http://ico.org.uk/concerns
 
Yours sincerely,
 
Information Security & Governance Team
IT Service
Newcastle University
NE1 8HQ
 
 
 
 

References

Visible links
1. http://www.ncl.ac.uk/foi/access/complain...
2. http://ico.org.uk/concerns

Dear Information Security & Governance Team,

Thank you for your reply. Could you please provide the breakdown for Qs 6 & 7 in an Excel file, as the formatting makes it unclear which values correspond to which years.

Yours sincerely,

R Vidal

Hi,

Could you possibly resend this response in an .xls, .pdf or similar please.

Yours sincerely,

R Vidal