Investment Policy
Dear Aberystwyth University,
Under the terms of the Freedom of Information Act please provide me with a list of companies or financial products the University currently invests in through its endowment funds, along with the amount invested in each, as an Excel spreadsheet.
Additionally, I request copies of minutes from meetings, or correspondence within the finance office (or higher university management) with regards to an ethical-investment policy.
Yours faithfully,
Rachel Purdon
[I am aware that FOI requests have previously provided a list of assets in which Aberystwyth University's Endowments are invested, however I am requesting additional (and up-to-date!) information. Thanks]
Dear Ms Purdon,
Thank you for your request for information, received by Aberystwyth
University on 11^th November, in which you requested the following:
a list of companies or financial products the University currently invests
in through its endowment funds, along with the amount invested in each, as
an Excel spreadsheet.
Additionally, I request copies of minutes from meetings, or correspondence
within the finance office (or higher university management) with regards
to an ethical-investment policy.
In order for us to comply with the second element of your request, can you
please confirm the time period in which you are interested?
The deadline date for responding to this request for information is 9^th
December 2013. However, the ‘clock’ will stop until we receive the above
clarification. You will then receive a response as soon as possible, and
in any event not later than 20 working days.
Yours sincerely,
Julie Archer
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Rheolwr Cofnodion / Records Manager
Llyfrgell Hugh Owen Library
Prifysgol Aberystwyth / Aberystwyth University
Penglais
SY23 3DZ
Ffôn / Tel. (01970-62)8593
E-bost / E-mail: [1][Aberystwyth University request email]
Gwefan / Website: http://www.aber.ac.uk/infocompliance/
References
Visible links
1. mailto:[Aberystwyth University request email]
Dear Julie,
I am interested in any minutes or correspondence dated from 2009 to present.
Many thanks, I look forward to hearing from you again.
Yours sincerely,
Rachel Purdon
Dear Ms Purdon,
Please find attached a list of investments of the Endowment Funds and the
amount invested in each, as requested. Shareholdings are publicly
available via the websites of the individual fund.
I will be in touch again tomorrow with information relevant to the second
part of your request. I apologise for the slight delay in providing this
information.
Yours sincerely,
Julie Archer
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Rheolwr Cofnodion / Records Manager
Llyfrgell Hugh Owen Library
Prifysgol Aberystwyth / Aberystwyth University
Penglais
SY23 3DZ
Ffôn / Tel. (01970-62)8593
E-bost / E-mail: [1][Aberystwyth University request email]
Gwefan / Website: http://www.aber.ac.uk/infocompliance/
References
Visible links
1. mailto:[Aberystwyth University request email]
Dear Ms Purdon,
Ethical investing was discussed at the June and December 2011 Investments
Committee meetings and I attach the minutes of those meetings, together
with two additional papers.
Although not specifically an Ethical Investment Policy, I have also
attached the University’s Investment Policy which contains a section on
Socially Responsible Investing. The minutes and papers of Investments
Committee went to Finance and Strategy Committee (FSC) on 18^th January
2013, and the Investments Policy was approved on the back of that.
The FSC minute reads:
+------------------------------------------------------------------------+
|57 |Investment Committee | |
|----+-----------------------------------------------------------------+-|
|57.1|Received : | |
|----+-----------------------------------------------------------------+-|
| |1. |Minutes of the meeting of the Investment Committee held 3^rd| |
| | |December 2012 | |
|----+---+-------------------------------------------------------------+-|
| |2. |Draft Investment Policy for the University | |
|----+-----------------------------------------------------------------+-|
|57.2|Noted : | |
|----+-----------------------------------------------------------------+-|
| | |The Investment Committee had considered a draft Investment| |
| | |Policy for the University which sought to establish procedures| |
| | |which would maximise the returns on assets under the| |
| | |University’s control. The committee had also agreed a target of| |
| | |£650k per annum for investment income, to be reviewed on an| |
| | |annual basis. | |
|----+-+---------------------------------------------------------------+-|
+------------------------------------------------------------------------+
Yours sincerely,
Julie Archer
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Rheolwr Cofnodion / Records Manager
Llyfrgell Hugh Owen Library
Prifysgol Aberystwyth / Aberystwyth University
Penglais
SY23 3DZ
Ffôn / Tel. (01970-62)8593
E-bost / E-mail: [1][Aberystwyth University request email]
Gwefan / Website: http://www.aber.ac.uk/infocompliance/
References
Visible links
1. mailto:[Aberystwyth University request email]
We work to defend the right to FOI for everyone
Help us protect your right to hold public authorities to account. Donate and support our work.
Donate Now