Exclusive: Cambridge University backtracks on divesting from arms companies
Exclusive: Cambridge University backtracks on divesting from arms companies The University of Cambridge has backtracked on a move towards divesting from all weapons companies, Middle East Eye can reveal. According to documents seen by MEE, on 16 April the University Council, Cambridge's central governing body, approved the introduction of a "monitoring regime" for investments in "conventional…
Cambridge University has reversed its stance on divesting from companies that manufacture conventional weapons, according to Middle East Eye. The University Council approved the introduction of a "monitoring regime" for investments in these companies on April 16. This proposal was made by the Cambridge University Endowment Trustee Body, which oversees the university's investments.
The regime would monitor the endowment fund's exposure to weapons companies, as a proportion of its assets. If this exposure were to surpass a certain threshold, discussions would be initiated with University of Cambridge Investment Management Limited, the entity that manages the endowment fund, regarding managing a reduction in this exposure.
This move came in response to a report by a working group on investments, established by the university in 2024, following a student encampment organized by Cambridge for Palestine.
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