CT UK Social Bond Fund - education, learning and skills
Insights

CT UK Social Bond Fund – education, learning and skills

Supporting wider participation in higher education with a focus on promoting social mobility 

Within this outcome grouping, the Fund seeks to make investments that contribute to widening participation and expanding access to education. This includes investing directly into higher education providers, as well as investments into other organisations running or financing educational programmes.

An Institute for Fiscal Studies paper concluded that there are significant differences in income mobility for children across the country, with a strong North-South gradient. Children from low-income families who grew up in the lowest mobility areas – overwhelmingly in the North – are expected to end up around fifteen percentiles lower in the income distribution as adults compared to those from the highest mobility areas – overwhelmingly in the SouthEast. Differences in education attainment can explain 25% of the variation in absolute mobility for men and 45% of the variation for women. This indicates the importance of education in equalising opportunities.19

Higher education significantly increases lifetime earnings, especially for disadvantaged pupils and for those attending selective universities. Yet there is a widening gap in participation. Higher education progression rate for young people who are on free school meals (FSM) is only 28% in contrast to 47% for those not on free school meals (non-FSM).

The latest review of education spending highlights the fall in spending across all areas of education in the last decade: school spending per pupil in England fell by 9% in real terms between 2009–10 and 2019–20, which represents the largest cut in over 40 years.

Higher Education Progression Rate for Young People

Source: Institute of Fiscal Studies, 2020-21

Deprived schools have seen larger cuts over the last decade. The most deprived secondary schools saw a 14% real-terms fall in spending per pupil between 2009– 10 and 2019–20, compared with a 9% drop for the least deprived schools. The Pupil Premium, which is funding to improve education outcomes for disadvantaged pupils, has also failed to keep pace with inflation since 2015.

Download the full report

Discover how the strategy seeks to make investments that contribute to widening participation and expanding access to education.

11 May 2023
Share on twitter
Share on linkedin
Share on email
Key topics
Related topics
Listen on Stitcher badge
Share on twitter
Share on linkedin
Share on email
Key topics
Related topics

Important information

For professional investors

For marketing purposes. Your capital is at risk. Columbia Threadneedle Investments is the global brand name of the Columbia and Threadneedle group of companies. Not all services, products and strategies are offered by all entities of the group. Awards or ratings may not apply to all entities of the group. This material should not be considered as an offer, solicitation, advice, or an investment recommendation. This communication is valid at the date of publication and may be subject to change without notice. Information from external sources is considered reliable but there is no guarantee as to its accuracy or completeness. In the UK: Issued by Threadneedle Asset Management Limited, No. 573204 and/or Columbia Threadneedle Management Limited, No. 517895, both registered in England and Wales and authorised and regulated in the UK by the Financial Conduct Authority.

true
true

Important information

For professional investors

For marketing purposes. Your capital is at risk. Columbia Threadneedle Investments is the global brand name of the Columbia and Threadneedle group of companies. Not all services, products and strategies are offered by all entities of the group. Awards or ratings may not apply to all entities of the group. This material should not be considered as an offer, solicitation, advice, or an investment recommendation. This communication is valid at the date of publication and may be subject to change without notice. Information from external sources is considered reliable but there is no guarantee as to its accuracy or completeness. In the UK: Issued by Threadneedle Asset Management Limited, No. 573204 and/or Columbia Threadneedle Management Limited, No. 517895, both registered in England and Wales and authorised and regulated in the UK by the Financial Conduct Authority.

Related Insights

25 January 2024

CT UK Social Bond Fund impact report 2023 - transport and communications infrastructure

The Fund invests in this outcome class to improve transport and communications infrastructure across the UK.
Read time - 3 min
25 January 2024

CT UK Social Bond Fund impact report 2023 - education, learning and skills

Supporting wider participation in higher education with a focus on promoting social mobility.
Read time - 3 min
24 January 2024

CT UK Social Bond Fund - Foreword 2023

Welcome to our 2023 CT UK Social Bond Fund Annual Impact Report.
Read time - 3 min
3 January 2024

Peter Hewitt

Portfolio Manager, Multi-Asset Solutions

Waiting for the Patience Pay-off

Investment trust discounts have widened considerably this year, mainly due to sentiment in our view. We look at the time horizon for a potential turnaround.
Read time - 3 mins
3 March 2023

CT UK Social Bond Fund - The Big Issue Group

For over 30 years, The Big Issue has been at the forefront of social activism, working to dismantle poverty by creating opportunity.
Read time - 3 min
3 March 2023

CT UK Social Bond Fund - Foreword 2022

Welcome to the 2022 Columbia Threadneedle UK Social Bond Fund Annual Impact Report.
Read time - 3 min
3 March 2023

CT UK Social Bond Fund - Financial inclusion

The shortage of affordable housing is still a critical issue for the sector.
Read time - 3 min

You may also like

Investment approach

Teamwork defines us and is fundamental to our investment approach, which is structured to facilitate the generation, assessment and implementation of good, strong investment ideas for our portfolios.

Funds and Prices

Columbia Threadneedle Investments has a comprehensive range of investment funds catering for a broad range of objectives.

Our Capabilities

We offer a broad range of actively managed investment strategies and solutions covering global, regional and domestic markets and asset classes.

Thank you. You can now visit your preference centre to choose which insights you would like to receive by email.

To view and control which insights you receive from us by email, please visit your preference centre.

Play Video

CT Property Trust- Fund Manager Update

Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium