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UWI to establish University Trust Fund

The University of  the West Indies (UWI),  has announced plans to establish a University Trust Fund to manage the institution's wealth potential. 
 
Chairperson of  The University Grants Committee, Prime Minister of  Barbados, Mia Mottley, says this suggestion may be initially capitalised if  Governments agree to provide physical assets and other revenue performing assets in lieu of  cash. 
 
She says this will help the University in terms of  having some of  the Governments' receivables settled. 
 
The move is a part of a wider initiative to find alternative funding models for the University.
 
The University has also announced plans to list assets on the equities markets.


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