The purpose of the university’s investment activities is to generate funding for the university’s core activities, strengthen the university’s financial position, and support the achievement of the university’s strategic objectives. The university manages its assets carefully, and clear roles and principles have been agreed for investment activities. As a shareholder, the University of Eastern Finland seeks, through its investments, to promote responsible business activities and, as a result, positive social impacts through the capital it offers.
The university’s investment activities are guided by responsible values. According to the investment principles of the University of Eastern Finland, taking responsibility into account in investment activities is a prerequisite for long-term value creation. The objective of investment activities is primarily to retain the capital invested, while on the other hand also increasing the capital and generating return on capital that can be used for university’s activities in the long term. Return on capital is sought without the invested assets being exposed to a higher risk than deemed appropriate by the university's Board.
The Board oversees the university’s investment activities by, e.g., confirming an annual investment plan. In addition, the Board has confirmed the university’s principles for responsible investment. The university uses discretionary asset management services to manage its investments. Asset managers are committed to observing the agreed principles and they regularly report to the university’s leadership and Board on the achievement of the financial and responsibility objectives. The Chief Financial Officer is responsible for the implementation of investment activities in accordance with the investment plan approved by the Board, and for the preparation and development of the investment plan.