Which university has the fattest wallet?

An analysis of how the fall in the value of the stock markets has affected the financial health of universities and colleges in the United Kingdom since the Times Higher Education Supplement last conducted a survey of university wealth in 2001. The survey reveals that Cambridge is still the richest institution in the UK, with net assets up by 0.6% to UKPd1.23 bil, followed by Oxford with net assets up 0.2% to UKPd809 mil and Edinburgh with net assets up 1.4% to UKPd696 mil. However, the fall in the stock markets has impacted on the value of the endowments of a number of institutions, with Cambridge still leading the tables but seeing its endowments fall by 25.8% to UKPd490 mil, followed by Oxford with endowments down 24% to UKPd390 mil and Edinburgh with endowments down 13.4% to UKPd142 mil.