The University of Edinburgh is to divest from all Russian funds and “review” an honorary degree bestowed upon an ally of Vladimir Putin in response to the Kremlin invasion of Ukraine.
In a statement issued by principal Peter Mathieson, the institution said it was taking action over the “appalling” attack on the country following criticism over investments in Russia's largest bank.
The University holds £1,109,251 in Sberbank stock, via capital-based fund manager Baillie Gifford.
