Crisis and Opportunity: The Future of the Investment Office

The recent resignations of the University’s Chief Investment Officer, Nick Cavalla, and the core members of his team have brought the University investment model to an unprecedented crisis. Cavalla left because he felt pressure to divest from fossil fuels from both within and outside of the University’s governing structures. His departure revealed a fundamental divide between an Investment Office that sought solely maximum profit and the ethical principles of the University membership. Cavalla’s departure represents a significant opportunity to reshape the way that the University invests, an opportunity to build a new investment office that works for the future sustainability and democratic health of our institution. A future with a global outlook that embraces our environmental, social and ethical responsibilities to serve society and particularly protect those most vulnerable and already marginalised.

Read the full report here.