Royal Holloway, University of London, Egham, England, hired Rathbone Brothers to manage a £20 million ($30.4 million) multiasset endowment fund.
The discretionary allocation is run on behalf of the Founder’s Endowment Fund, said a notice on European procurement website Tenders Electronic Daily. The endowment is part of the university’s £44 million of investment assets.
A spokeswoman for the university could not be reached for comment by press time.
