University investments
The University holds the majority of its investments in the form of cash and investment products rather than stocks and shares.
Details of the university's investment and cash holdings at 31 July 2025 are shown below. As per the Treasury Management Policy, the current listing is available upon request from Head of Financial Accounting, Ian Dempsey at i.m.dempsey@salford.ac.uk.
Annual List of Investments
The University's financial statements for the year ended 31 July 2025 show investments of £152,899,000. These investments are held with the following institutions:
- Nationwide Building Society 95-day notice account: £285,000
- Lloyds Bank 95-day notice account: £5,279,000
- Kingswood endowment investments: £1,338,655 (Endowment Fund breakdown)
- Kingwood investments over 3 months: £145,997,284 (Investment Fund breakdown)
The following investments with Kingswood are included in the cash figure of £31,663,000 in the financial statements as the investments are less than 3 months to maturity:
- Kingwood investments less than 3 months: £9,452,471
The remaining cash balances are held with:
- Lloyds Bank
- Barclays Bank
- Santander Bank
- Handelsbanken Bank
- Federated Hermes Sterling Cash & Liqidity Funds
- Nationwide Building society
- WS Keyridge Sterling Liquidity Fund ( Formerly Can Life Sterling Liquidity)
Balances with Lloyds Bank include amounts in its Sustainability Referenced Account.
Lloyds state: "Sustainable lending categories referenced by the deposits are Green buildings; Renewable energy lending for projects in the UK and abroad e.g. solar and wind; Energy efficiency technologies (e.g. smart meters) development, manufacture, repair, maintenance or installation; Low carbon transportation for people and materials (e.g. zero direct tailpipe passenger and commercial vehicles); Lending to Housing Associations for the provision of social and affordable housing."
Balances with Barclays Bank include amounts in its Green Deposit Account.
Barclays state "The portion of the assets we have earmarked against the Green Deposits are made up of Barclays’ Green Bond Purchase Programme within Barclays Treasury. These bonds are purchased from high-quality green issuers and the underlying use of proceeds are reviewed in accordance with the green eligibility criteria set in the Sustainable Finance Framework, which is the updated version of the previously issued Barclays Green Product Framework."