University of Bradford hired Cazenove Capital Management to provide investment management services for its long-term investment funds, said an executive at the Bradford, England, university.
He said the £14.5 million ($22.8 million) investment funds are invested over a longer-term horizon.
Cazenove was selected following an open search, the executive said, and has been appointed for the next five years. There will be a transitional period over the next few months while the funds are transferred from current manager Newton Investment Management.