Universities: North West
Below is a list of the value of shares held by each university. The most recent figures generally refer to investments held in June 2008 in the top six UK-based arms exporting companies and the top eight American arms companies. The other figures mostly refer to shares held in March 2006 in the top seven US and UK arms companies at that time. The date of the information is provided in all cases.
The figures are taken from responses to Freedom of Information Act requests made to each university. Whilst the greatest care has been taken to ensure the accuracy of all the figures in this report, CAAT recognises the possibility of human error, and recommends that this fact be kept in mind when referring to the information.
Bolton University
No arms company shareholdings.
Total Assets Invested (all shares) 0
Information refers to March 2006
Contact: Derek Truffas, University Secretary
Central Lancashire University
BAE Systems £21,788
Rolls Royce £15,612
Rolls Royce B £480
Shares held indirectly via a pooled fund.
Total Assets Invested (all shares) £5.6m
Arms shares as % of total investments 0.7
Information refers to May 2008
To verify information, email:
Alexandra Bostock,
Freedom of Information Officer
To register concerns, email:
Peter Hyett,
Executive Director of Finance
Chester University
No arms company shareholdings.
Information refers to June 2006
To verify information, email:
Rob Dawson,
Institutional Compliance Officer
To register concerns, email:
Eddie Austin,
Finance Director
Lancaster University
BAE Systems £15,996
GKN £8,133
QinetiQ £13,379
Rolls-Royce £23,505
Shares held through funds managed by Cazenove Capital Management and Rensburg Fund Management.
Total Assets Invested (all shares) £4.7m
Arms shares as % of total investments 1.3
Information refers to June 2008
To verify information, email:
Claire Stevenson,
Records Manager
To register concerns, email:
Andrew Neal,
Director of Finance and Resources
Liverpool University Endowment Funds
UK arms company shareholdings*:
BAE Systems £1,629,450 (+ £5,250)
Rolls Royce £283,670 (+ £3,150)
VT Group £2,022,443
US arms company shareholdings*:
Boeing £3,150
General Dynamics £2,100
General Electric £55,650
Lockheed Martin £2,100
Northrup Grumman £1,050
Raytheon £1,050
*The UK arms company shares are held directly,
the BAE Systems and Rolls Royce shares via the non-academic staff pension fund
and the VT Group shares via the endowment portfolio.
The University also holds shares in BAE Systems and Rolls Royce indirectly via
pooled funds. All US arms company shareholdings are held indirectly via
pooled funds.
Total Assets Invested (all shares) £105m
Arms shares as % of total investments 2.7
Information refers to July 2008
Send an email to: Michael Yuille, Director of Finance
Liverpool Hope University
No arms company shareholdings.
Total Assets Invested (all shares) 0
Information refers to June 2006
Send an email to: Sean Gallagher, Chief Operations Officer
Liverpool John Moores University
No arms company shareholdings.
Total Assets Invested (all shares) £16m
Information refers to March 2006
Send an email to: Denise Stewart, Financial Director
Manchester Metropolitan University
No arms company shareholdings.
Total Assets Invested (all shares) 0
Information refers to March 2006
To verify information, email:
Courtney Shaw,
Senior Legal Assistant
To register concerns, email:
Mr L Grant,
Financial Director
Manchester University
Information refused, Sections 41 and 43 of the Act cited. Awaiting response to appeal.
Total Assets Invested (all shares) £146m
Arms shares as % of total investments ?
Information refers to June 2008
To verify information, email:
Mary Clare,
Records Officer
To register concerns, email:
Marianne McKenzie,
Director of Finance
Salford University
No arms company shareholdings, direct or indirect.
Total Assets Invested (all shares) 0
Information refers to March 2006
To verify information, email:
Wai Yan Cheung,
Records Management Assistant
To register concerns, email:
Simon Attwell,
Director of Finance
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