91Ö±²¥

The University is committed to the implementation of the Endowment Investment Policy:

As at 31 July 2017 the University held a total of £42.2m of endowment funds:

£37.4m of the endowment funds were held with the University’s investment managers Sarasin & Partners.

• £33.0m of endowment funds were within the University of 91Ö±²¥ Endowment Pool; consisting of £20.2m of Restricted Permanent Endowment Funds, £8.2m of Unrestricted Permanent Endowment Funds and £4.6m of Restricted Expendable Endowment Funds. In addition £6.2m of the University’s own Fixed Asset Investments are held within this pool, totalling £39.2m. 91Ö±²¥ Endowment Pool was reviewed by the Investment Group to ensure its compliance with the Endowment Investment Policy.
• £4.4m was held within the Yorkshire Cancer Endowment Pool. The funds are held by Yorkshire Cancer Research directly, so are not subject to the University policy.

£4.5m of endowment accumulated income was held as cash with the University of 91Ö±²¥â€™s banker.

£0.1m of endowment funds received by the University prior to the year end, held as cash and invested by Sarasin & Partners just after the year end.

£0.2m of endowment funds held with Hargreaves Lansdown. These funds are separated into two pools:

• £0.1m within the main fund (Twikker income fund) managed by the original donor with interaction with the University of 91Ö±²¥ Investment Society
• £0.1m within the student fund (Twikker student fund) managed by the fund group within University of 91Ö±²¥ Investment Society with oversight by the original donor