BREAKING NEWS

BREAKING NEWS

Hedge Fund manager makes record donation to Cambridge University

Text size Aa Aa

LONDON (Reuters) - Cambridge University has received its largest-ever single donation of 100 million pounds from British hedge fund manager David Harding and his wife Claudia, the University said on Tuesday.

The majority of the donation from the David and Claudia Harding foundation will fund PhD students while the remaining 21 million pounds will be used to support undergraduates.

“Claudia and I are very happy to make this gift to Cambridge to help to attract future generations of the world’s outstanding students to research and study there," Harding said.

Harding, who also donated to Britain's campaign to stay in the European Union, runs $25 billion computer-driven hedge fund firm Winton Group.

He has previously made donations to Cambridge and Oxford Universities.

(Reporting by Maiya Keidan, editing by Ed Osmond)

euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on euronews.com for a limited time.