Changes in regulations that govern charities will enable Cambridge University to get exposure to more exotic asset classes such as private equity and hedge funds.
It currently holds 70% of its assets in equities, 15% in property and 15% in fixed income and cash.
It has established a new investment board under the chairmanship of Michael Dobson, chief executive of Schroders.
References: Financial Times 11/01/06 page 3, page 22 (Lombard)
