MESSAGE FROM
ANDY BUDDEN The 2016/2017 financial year has been another solid year for both our investment returns and our donation inflows. The College received nearly $2 million in new gifts and pledges to the UWCSEA Endowment Fund, while the investment return for our investments was 5.3%. Last financial year, we conducted a review with investment consultancy Willis Towers Watson. In 2016/2017, we have continued our plan to move towards a long-term investment strategy. Through this we aimed to capture the right balance of long-term opportunity, whilst focusing strongly on the need to preserve the value of donations. The financial markets exceeded our expectations with solid returns from both fixed income, despite low interest rate environment, and also equities. Thank you for your continued support. Endowment giving not only strengthens the financial security of the College but it allows us to invest in a range of initiatives and programmes that enhance learning for all students.
Andy Budden Chair, Finance and Investment Committee UWCSEA Foundation
About the Finance and Investment Committee The Finance and Investment Committee collectively has oversight of investment decisions for the Foundation and its strategic direction which correspond to the needs and requirements of the College. The committee is formed of the following members: Andy Budden, Chair Derek Lau Kim Teo ’76
Non-voting members: Chris Edwards, Head of College Dave Shepherd, Director of Advancement