Public HTML RI reports - PRI reporting framework 2017

We do not have offices in other countries. The FTE number includes salaried staff of USS Investment Management (based in London) and USS Ltd (based in Liverpool).

OO 03. Subsidiaries that are separate PRI signatories

03.1. Indicate whether you have subsidiaries within your organisation that are also PRI signatories in their own right.

Yes

03.3. Additional information. [Optional]

OO 04. Reporting year and AUM

04.1. Indicate the year end date for your reporting year.

31/12/2016

04.2. Indicate your total AUM at the end of your reporting year, excluding subsidiaries you have chosen not to report on.

Total AUM
Total AUM	trillions	billions	millions	thousands	hundreds
Currency
Assets in USD
Assets in USD	trillions	billions	millions	thousands	hundreds

04.4. Additional information. [Optional]

OO 06. How would you like to disclose your asset class mix

New selection options have been added to this indicator. Please review your prefilled responses carefully.

06.1. How you would like to disclose your asset class mix.

as percentage breakdown

as broad ranges

	Internally managed (%)	Externally managed (%)
Listed equity	10-50% 37	<10% 2
Fixed income	10-50% 24	<10% 4
Private equity	<10% 4	<10% 7
Property	<10% 4	<10% 1
Infrastructure	<10% 3	0 0
Commodities	0 0	0 0
Hedge funds	0 0	<10% 4
Forestry	<10% 0.5	0 0
Farmland	0 0	0 0
Inclusive finance	0 0	0 0
Cash	0 0	<10% 3
Other (1), specify	<10% 2.5	0 0
Other (2), specify	<10% 4	0 0

'Other (1)' specified

          Private Debt

'Other (2)' specified

          Derivatives incl TAA

06.2. Publish our asset class mix as per attached image [Optional].

06.3. Provide contextual information on your AUM asset class split. [Optional]

OO 07. Fixed income AUM breakdown

07.1. Provide to the nearest 5% the percentage breakdown of your Fixed Income AUM at the end of your reporting year, using the following categories.

Internally managed	92 SSA 2 Corporate (financial) 3 Corporate (non-financial) 3 Securitised Total 100%
Externally managed	48 SSA 10 Corporate (financial) 27 Corporate (non-financial) 15 Securitised Total 100%

OO 08. Segregated mandates or pooled funds

New selection options have been added to this indicator. Please review your prefilled responses carefully.

08.1. Provide a breakdown of your organisation’s externally managed assets between segregated mandates and pooled funds.

Asset class breakdown	Segregated mandate(s)	Pooled fund(s)
[a] Listed equity	0% <10% 10-50% >50 %	0% <10% 10-50% >50 %
[b] Fixed income - SSA	0% <10% 10-50% >50 %	0% <10% 10-50% >50 %
[c] Fixed income – Corporate (financial)	0% <10% 10-50% >50 %	0% <10% 10-50% >50 %
[d] Fixed income – Corporate (non-financial)	0% <10% 10-50% >50 %	0% <10% 10-50% >50 %
[e] Fixed income – Securitised	0% <10% 10-50% >50 %	0% <10% 10-50% >50 %
[f] Private equity	0% <10% 10-50% >50 %	0% <10% 10-50% >50 %
[g] Property	0% <10% 10-50% >50 %	0% <10% 10-50% >50 %
[j] Hedge funds	0% <10% 10-50% >50 %	0% <10% 10-50% >50 %
[n] Cash	0% <10% 10-50% >50 %	0% <10% 10-50% >50 %
Total externally managed assets	Please ensure the entire table (both columns combined) totals to 100%

08.2. Additional information. [Optional]

OO 09. Breakdown of AUM by market

09.1. Indicate the breakdown of your organisation’s AUM by market.

Developed Markets	0% <10% 10-50% >50 %
Emerging, Frontier and Other Markets	0% <10% 10-50% >50 %
Total	100%

09.2. Additional information. [Optional]

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