Annual publication of Endowment Investment Funds 2017-18

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

As at 31 July 2018 the University held a total of £43.8m of endowment funds:

£33.8m of endowment funds were within the University of Sheffield Endowment Pool; consisting of £20.6m of Restricted Permanent Endowment Funds, £8.4m of Unrestricted Permanent Endowment Funds and £4.8m of Restricted Expendable Endowment Funds. In addition £6.3m of the University’s own Fixed Asset Investments are held within this pool, totalling £40.1m. The University of Sheffield 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.

£4.8m of endowment accumulated income was held as cash with the University of Sheffield’s banker.

£0.5m 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.

£0.3m of endowment funds held with Hargreaves Lansdown. These funds are separated into two pools:

  • 49% within the main fund (Twikker income fund) managed by the original donor with interaction with the University of Sheffield Investment Society
  • 51% within the student fund (Twikker student fund) managed by the fund group within University of Sheffield Investment Society with oversight by the original donor