Dear Clare 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 properties that the college has investments, including the approximate value of each.

(5) A list of any other investments the college holds, including the approximate value of
each.

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 Banks

Emma R. Easterbrook, Clare College, Cambridge

15 Attachments

Dear Mr Banks,

 

Re: Freedom of Information request - College Investments

 

I refer to your e-mail below to the Bursar dated 19 August 2019, the
contents of which are noted.  The response on behalf of Clare College
regarding your request for information under the Freedom of Information
Act 2000 is as follows:

 

(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.

Quartix Holdings, currently 460,000 shares valued at £1,292,600.  

 

(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.

a.       State Street Global Advisers
ETF                                             
                                                Number of
shares                Value   

                [1]cid:image003.png@01D561BD.D28CE560

 

b.      Any further information is exempt under section 43 of the Act. 
The following three funds are subject to confidentiality agreements.

FUND
NAME                                                                                                                                                                     
                VALUE 

                                [2]cid:image004.png@01D561BD.D28CE560

 

c.       Any further information is exempt under section 43 of the Act. 
The following three funds are subject to confidentiality agreements. 
However, under section 16 of the Act it may assist you to have the most
recent investor newsletters, see attachments.

FUND
NAME                                                                                                                                                                     
                VALUE 

                                [3]cid:image005.png@01D561BD.D28CE560

 

d.      Any further information is exempt under section 43 of the Act. 
The following three funds are subject to confidentiality agreements. 
However, under section 16 of the Act it may assist you to have the most
recent investor newsletters, see attachments.

 

FUND NAME                                                     
                                                VALUE 

                                [4]cid:image014.png@01D561BD.D28CE560

 

(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.

Regarding (2) a. please see the attached State Street monthly documents.
  See also answers to Questions (2) b., c., and d. above. 

 

(4)    a list of properties that the college has investments, including
the approximate value of each.

Please see attachment for Property Portfolio Valuation by Bidwells as at
30 June 2019.

 

(5)    A list of any other investments the college holds, including the
approximate value of each.

Cheltenham & Gloucester (CAGP) 11.75% PERP SUB BDS GBP50000:

                [5]cid:image007.png@01D56233.FB2D45C0

If you are not satisfied with the outcome of the request please request an
internal review of the decision.  If, after following those procedures you
are still not satisfied with the way in which your request has been dealt
with you may apply directly to the Information Commissioner for a
decision.  Generally, the Commissioner will not entertain your complaint
unless you have exhausted any relevant internal review procedures.

Yours sincerely,

 

Emma Easterbrook

 

Emma Easterbrook

Assistant Bursar

Clare College

Trinity Lane

Cambridge CB2 1TL

 

E-mail: [6][email address]

[7]www.clare.cam.ac.uk

 

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