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Winner of the Endowments Investing Challenge announced

Author: Friends Provident Foundation

Date: 26/03/2026

Six UK charitable investors today announced Triodos Investment Management as the winner of the live vote at the Endowments Investing Challenge, a pioneering initiative seeking a bold investment portfolio to generate positive impact for future generations. 

 

The Challenge invited investment service providers to propose innovative investment approaches for a mandate of up to £50 million. 60 applications were received from ISPs managing over £11 trillion, and five were shortlisted. Yesterday, the shortlisted organisations presented their portfolios, sparking challenging questions and rigorous scrutiny from the audience of young people, charities, and other mission-led investors.  

“By applying a child-lens investing framework, Triodos truly prioritises positive impact on future generations alongside financial returns.” 

James Anthony - Social Investment Portfolio Manager, Friends Provident Foundation

Hadewych Kuiper, Managing Director Investments, Triodos Investment Management said: “Winning the Endowments Investing Challenge for our Future Generations strategy is an incredibly proud moment for all of us at Triodos Investment Management. This award reaffirms our commitment to putting the well-being of future generations at the core of every investment decision. A heartfelt thank you to the organisers and to everyone who supported us with their vote. Together, we’re proving that finance can—and must—be a force for long-term, positive change for generations to come.” 

 

A pivotal point for participatory investment

 

For the first time, a Future Generations Panel of seven young adults from across the UK played a central role in the whole process. After deliberating on the five presentations, the panel made their recommendation to the audience – to vote for Triodos. 

 

“It was powerful to see the Future Generations Panel recommendation supported in the People’s Choice vote,” James Anthony added. “It was a moment of real influence for young people over investment decisions that will shape their future.” 

 

“We established baseline criteria when we began this work that reflect our views of the world and the future. We want an investment service provider that doesn’t contribute harm. But more than that, we wanted an approach that positively contributes to future generations. Triodos were transparent and showed clarity in their strategies. They handled challenging questions well, giving us further confidence in the team.” 

Izzy - Future Generations Panel

“To create real change in the investment sector, we need to bring more voices to the table,” said Andrew Gnaneswaran, Chief Investment Officer at the Vivensa Foundation. “The Endowments Investing Challenge brought together a range of different partners and investors with a panel of remarkable young people. 

 

“Together we’ve shown the power of collective action, transparency, and participation. This process can be replicated by others on different scales to support all investors to use their capital to address the issues that society faces rather than exacerbating the problems.” 

 

Market response to a bold vision 

 

“We need more from our investments,” said Segun Olowookere, Executive Director of Finance and Strategy at The Children’s Society and Chair of Trustees at The Blagrave Trust, “and through the Endowments Investing Challenge, we’ve demanded more. 

 

“The presentations demonstrated that we’re getting nearer to our vision of balanced impact, financial return, ability to scale, and overall governance. We hope that this shifts the market, so all investors have more choice. Ultimately, we hope that the generations to come will benefit because there are investment funds that prioritise their needs.” 

 

Next steps 

 

With a combined investment mandate of up to £50 million available, Gallagher will now complete further due diligence on Triodos Investment Management. The partners’ trustees and investment committees will then make their final investment decision. 

Note about shortlist 

The shortlisted organisations were: EdenTree Investment Management, Foresight, Octopus Capital, Tribe Impact Capital, and Triodos Investment Management. Friends Provident Foundation has a small minority ownership stake (1.54%) in Tribe Impact Capital. For this reason, Friends Provident Foundation staff and Trustees were excluded from all discussions, assessments, and decisions about the inclusion of Tribe Impact Capital in the shortlist and did not take part in the vote at the event.