Royal Holloway, University of London, Egham, England, is searching for a manager to run a £20 million ($31.3 million) multiasset endowment fund, said a spokeswoman for the university.
The Founder’s Endowment Fund is part of the university’s £44 million in investment funds. These funds, including the FEF, are managed by Aberdeen Asset Management and Newton Investment Management, the spokeswoman said. Both managers are invited to rebid, she said.
The successful manager will attend twice-yearly investment subcommittee meetings at the university, and report on performance and the outlook for investments. Investment must comply with the university’s ethical investment policy.
Further information is available on Royal Holloway’s website. Proposals are due Jan. 30, and the spokeswoman said a decision is expected in March.
The Founder’s Endowment Fund was predominantly financed by the sale of three paintings in 1992.