Second US$10 million gift to support finance research

This gift will be used to enhance the resources available to the Cambridge Endowment for Research in Finance (CERF), and is an important donation in the build-up to the public launch of Cambridge’s 800th Anniversary Campaign in September.

CERF was set up in 2001 following an earlier US$10 million donation from the Janeways. The new gift recognises CERF’s success over the past three years in developing a cross-disciplinary approach to understanding financial behaviour and the role of the financial markets in the economic system. Under its Director, Lord Eatwell, CERF has funded groundbreaking research programmes in the Judge Institute of Management, where it is based. It has supported research in the Faculties of Economics and of Law, and at the Centre for Mathematical Sciences.

Dr. William Janeway said: “Weslie and I are delighted to be able to further strengthen the Centre which has flourished under Lord Eatwell’s leadership. Our gift will also give momentum to the launch of Cambridge’s major fundraising Campaign to mark the University’s 800th Anniversary.”

Professor Alison Richard, Vice-Chancellor of the University of Cambridge, said: “Bill and Weslie are extremely generous supporters of Cambridge. Their gifts have established an important research Centre with the potential to have a global impact on financial policy. Bill is also playing a key role as Co-chairman of the forthcoming Campaign and I am very grateful for the wisdom he brings to that task.”

Professor Lord Eatwell, Director of CERF, said: “The generosity of Bill and Weslie will enable Cambridge to further strengthen research in finance, most notably by building yet closer links between the finance programmes in the Judge Institute of Management, Economics, Law and Mathematics.”