Dutch university funds have doubled in size over the past four years owing, in part, to large donations, according to research by the Financieele Dagblad. With that money, they have started to take on riskier investments and fund more education and research. 

Dutch university funds have doubled in size over the past four years owing, in part, to large donations.  

Combined, university funds hold €320 million in assets, of which over 76% are stocks, bonds, and other securities. This makes a total income of over 23 million per year. However, universities are beginning to trade bonds for riskier equities.  

The specific products university funds invest in are unclear, as most funds do not wish to speak on the content of their portfolios. Only a few funds release information on their portfolios to the public, while others only shared this information with the FD.  

It is also neither clear where donations are coming from and what they are being earmarked for. Public information from universities on how funds fund staff is fuzzy. For example, information from the Erasmus Trust Fund seems to indicate that it funds 13 professors—yet practically, there are just two. The explanation for this is that the fund, and this goes for others as well, can appoint professors but can’t fund the positions themselves.  

Read more: https://fd.nl/economie/1449315/groeiende-universiteitsfondsen-spekken-onderwijs-ook-via-beleggingen-ini2casM56y8