The Banking Engagement Forum was featured by the Financial Times, with an article on the three projects (bond index, cash and quasi-Money Market Fund) as a coordinated set of interventions around fossil fuel financing, joining the dots across the debt markets.
It focused in particular on the bond index project, which will be launching in Q4 of this year. A number of Request for Proposal signatories have expressed interest in participating in this project alongside participation in the quasi-Money Market Fund and/or Cash Product; and the BeF advise this is a good time to reach out, as Cambridge’s Treasury team is in the process of developing a fund.
A press release is expected to be released in September featuring updates on the quasi-Money Market Fund, which will name the selected provider reflect the collective effort behind the initiative, particularly the leadership and support of our Head of Treasury, Heather Davis, and CFO, Anthony Odgers; the critical work of the Money Market Fund Working Group (chaired by Heather Davis (University of Cambridge), including Sean Anderson (University of Oxford), Richard Anthony (Jesus College, Cambridge), Belinda Bell (University of Cambridge), Jordan Byrne (University of Cambridge), Paul Drohan (University of Westminster), Billy Garnett (St Antony’s College, Oxford), Jim Madden (University of Edinburgh), Ellen Quigley (University of Cambridge), Edward Reeves (University of Bristol), and Erin Squires (UCL)) in selecting our fund provider; and the vital role of co-signatories, in driving this effort.
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BeF team would be pleased to hear from those with corporate bond or multi-asset holdings who may wish to learn more about the bond index, as well as those interested in becoming seed investors in the quasi-Money Market Fund, since there is now more time to add names prior to launch.