Skip to main content

Financial Information

Our finance office provides accounting, procurement and contracting services, helping to make best use of the University's resources and fulfilling its statutory responsibilities.

Information that may damage the University’s commercial interests will be excluded from publication.

Here you can read about our:

University Endowment Investments

 The University’s Endowment Investment Policy, includes details of the University’s ethical investment criteria and requires the University to publish its endowment investment portfolio annually to allow scrutiny by the University community. 

 The University’s ethical investment criteria is included here.

 The University publishes its endowment investment portfolio annually to allow scrutiny by the University community. In addition, a quarterly sectoral breakdown of investment data is published. The individual stock holdings is subject to a 3 month delay due to commercial sensitivities. However, information on the sector breakdown is published quarterly. These breakdowns can be found below. 

The University’s Climate Action Plan contains information on the carbon emissions associated with the University’s investments. It also includes details of actions underway to reduce these. 

In November 2021, Newcastle University became one of the founding signatories of the COP26 Asset Owner Climate Expectations Declaration. The University engages with its fund managers to progress the aims of the expectations in order to drive change in the sector.

Details of the funds that the University’s endowments are invested currently are as follows:

Janus Henderson Investors Global Sustainable Equity fund

The fund aims to provide capital growth over the long term (5 years or more). It invests in companies whose products and services are considered as contributing to positive environmental or social change.

The fund is managed with reference to the MSCI World Index. This is broadly representative of the companies in which it may invest. It can provide a useful comparator for assessing the Fund's performance. The IA Global sector average, which is based on a peer group of broadly similar funds, may also provide a useful comparator.

Schroder International Selection Fund Sustainable Global Growth and Income I Accumulation GBP

The fund aims to provide an annual yield in excess of the MSCI All Country World (Net TR) Index and capital growth. It invests in equities of companies worldwide which meet the investment manager's sustainability criteria.

The fund has environmental and/or social characteristics (within the meaning of Article 8 SFDR) and maintains a higher overall sustainability score.

Liontrust Asset Management SF Global Growth fund

The fund aims to deliver capital growth, as well as some level of income, over the long term (5 years or more). It uses the Sustainable Future investment process to invest in companies globally. This process uses a thematic approach to identify the key structural growth trends that will shape the global economy of the future. The fund managers then seek to invest in well run companies whose products and operations capitalise on these transformative changes. All investments will be expected to conform to Liontrust ESG criteria.

 
 
Royal London Asset Management Ethical Bond fund

The Fund’s investment objective is to achieve a total return over the medium term. This should be a period of 3-5 years, by investing predominantly in sterling-denominated corporate bonds, which meet predetermined ethical criteria. 

Aviva REaLM Multi Sector Unit Trust

The University invests in a multi-sector Alternative Investment Fund. The sectors are: 

  • commercial assets (16%)
  • social housing (6%)
  • ground rent (39%)
  • infrastructure income (39%) 

The infrastructure sector focuses on renewable energy. 

Investment Portfolio list by year
Quarterly sector analysis list by year

Financial statements

Find out more information about our financial statements per year below:

Financial statements by year

Expenses

‌The details of the total sums claimed in expenses by the members of Executive Board (EB) are available to download as pdf documents below. The information is extracted from the University’s electronic expenses system. For each claim made by individuals the total expenses by category is given along with the total expenses claimed over the period. Some of the claims are for multiple journeys and this is highlighted on the pdf documents.

It is important to note that some of the travel expenses claimed by the members of Executive Board may be externally funded by third party organisations and the costs of the trips are reimbursed by them after the event.

The purpose of the electronic expenses system is a financial one. It is:

  • to monitor/report on levels of expenditure for various categories of expenses, not their details

The electronic expenses system does not record the full details associated with each claim. For example:

  • whether the mode of transport was first or standard class
  • the reason for the journey or the name of the hotel, is not recorded on the system

In addition to their core role, each member of Executive Board has a different portfolio of recurrent and project responsibilities. Some members of Executive Board have to travel more extensively than others, this is due to:

  • the nature of the core role
  • the portfolio and external responsibilities
Expenses by year

Purchasing card spend

The details of the purchasing card transactions made by the members of Executive Board (EB) are available to download as pdf documents below. The information is extracted from the Barclaycard system. Each purchase made by individuals is detailed by date and merchant. The Barclaycard system does not record the full details associated with each transaction. For example:

  • the reason for the journey
  • the number of attendees dining at a restaurant
  • exact purchases made in a shop

It is important to note that some of the expenditure incurred by the members of Executive Board may be externally funded by third party organisations and the costs are reimbursed by them after the event.

In addition to their core role, each member of Executive Board has a different portfolio of recurrent and project responsibilities. The nature of the core role combined with the Executive Board portfolio and external responsibilities means that some members of Executive Board incur greater expenditure than others.

Purchasing card spend by year

Our banking details

The University places cash deposits with a number of banks in line with its counterparty policy, the list as at 31 July is available here:

We have no bank branches or cash machines in any property owned or managed by the University.