Universities - clean investments

Universities: South East

(excluding Oxford Colleges and London)

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.


Brighton University

No shares held directly

Total Assets Invested (all shares) £7m
Arms shares as % of total investments 0

Information refers to June 2008

To verify information, email: Jan Lock, Freedom of Information Officer
To register concerns, email: Sue McHugh, Director of Finance


Buckingham University

No UK arms company shareholdings. 

Total Assets Invested (all shares) 0

Information refers to June 2006

Send an email to: C J Wilkes, Director of Finance


Canterbury Christ Church University

US arms company shareholdings 
General Electric ?
Halliburton (now KBR) ?

Shares held indirectly through pooled funds. Information on value of investments not provided. No arms shares held directly.

Total Assets Invested (all shares) £181,000
Arms shares as % of total investments ?

Information refers to June 2006

To verify information, email: Robert Melville, Assistant University Secretary
To register concerns, email: David Leah, Director of Finance


Kent University Endowment Funds

No direct UK arms company shareholdings. Shares may be held indirectly through broker managed funds.

Total Assets Invested (all shares) £9m
Arms shares as % of total investments ?

Information refers to March 2006

To verify information, email: Judi Mortimore, Freedom of Information Officer
To register concerns, email: Denise Everitt, Director of Finance


Oxford Brookes University

No UK arms company shareholdings. 

Total Assets Invested (all shares) 0

Information refers to March 2006

To verify information, email: Freedom Of information Officer
To register concerns, email: Paul Large, Director of Finance and Legal Services


Portsmouth University

BAE Systems £20,380

Shares held through University investment fund managers.

Total Assets Invested (all shares) £1.54m
Arms shares as % of total investments 1.3

Information refers to March 2008

To verify information, email: Samantha Hill, Complaints & Information disclosure Officer
To register concerns, email: Emma Woollard, Director of Finance


Reading University

No UK arms company shareholdings. 

Total Assets Invested (all shares) £4.7m

Information refers to March 2006

To verify information, email: Lee Shailer, Freedom of Information Officer
To register concerns, email: David Savage, Director of Finance


Royal Holloway, University of London

Cobham £103,518
Rolls Royce £135,075

Shares held in endowment funds. Other arms shares may be held in collective or tracker funds, managed by Kleinwort Benson and Aberdeen Asset Management, however no further information held.

Total Assets Invested (all shares) £40m
Arms shares as % of total investments 0.6

Information refers to April 2008

To verify information, email: Emma Crofts, Archives and Records Manager
To register concerns, email: Graeme Robinson, Director of Finance


Southampton University

UK arms company shareholdings: 
BAE Systems £138,847

US arms company shareholdings: 
General Electric £58,945

Total Assets Invested (all shares) £16m
*Arms shares as % of total investments 0.9

The University has an informal policy that proscribes investment in compnies related to tobacco. However, all the funds in which the University invests have ethical restrictions that proscribe investment in companies in which 5% or more of revenue is derived from tobacco, military or firearm-related industries.

Send an email to: Malcolm Ace, Director of Finance


Southampton Solent University

No UK arms company shareholdings. 

US arms company shareholdings: 
General Electric £629,622

Shares held indirectly in the form of a trust fund with Invesco Maximum Income Fund.

Total Assets Invested (all shares) £11m

Information refers to March 2006

Send an email to: Andrew Haslehurst, Head of Accounts


Surrey University

No arms company shareholdings. 

Total Assets Invested (all shares) £97m

Information refers to March 2006

To verify information, email: Brian Barnard, Freedom of Information Officer
To register concerns, email: David Sharkey, Director of Finance


Sussex University

UK arms company shareholdings: 
Cobham £1,389

US arms company shareholdings: 
General Electric £4,373

Total Assets Invested (all shares) £9,321,000
Arms shares as % of total investments 0.06

Information refers to May 2008

To verify information, email: P. V. Baker, Freedom of Information Officer
To register concerns, email: Allan Spencer, Director of Finance


University of Winchester

No arms company shareholdings. 

Total Assets Invested (all shares) ?

Information refers to March 2006

To verify information, email: David Farley, Freedom of Information Officer
To register concerns, email: Simon Cowhig, Director of Finance

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Contact details

the CAAT Universities Co-ordinator or phone the office on 020 7281 0297

Page updated 3 October 2008

Campaign Against Arms Trade, 11 Goodwin St, Finsbury Park, London N4 3HQ
Tel: +44-(0)20 7281 0297 | Fax: +44-(0)20 7281 4369