05 June 2025
Joni Rhodes, Projects and Development Manager
Following the publication of contact details for those institutions that met the objectives of the Request for Proposals for cash deposit facilities at the start of 2025, Cambridge University's Banking Engagement Forum (BeF) is in discussions with another two full-service banks in the hope that they will meet the objectives before the process closes. The BeF are keen to hear from BUFDG members about any funds moved, mandate limit changes, or new mandates made since the announcement.
A full list of signatories to the Request for Proposals is available on their website.
The working group has also selected a fund manager who will be able to meet the climate and product objectives in relation to Money Market Funds, and are in the process of setting up product build meetings. Anyone wishing to be involved as a seed investor and help shape this process can contact them directly.
The BeF also recently announced the first global bond index to address fossil fuel expansion.