The University of Manchester manages an endowment fund which is based in Manchester, United Kingdom. The earnings from endowment investments support scholarships, chairs, professorships, fellowships, basic research, as well as academic and public service progra The endowment fund is managed and administered by the board of governors.The University of Manchester Endowment's investment portfolio is valued at GBP238.39 million, with investments in domestic and international equity, cash, and private equity.