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UK must encourage more pooled funds, say experts
By Helen Warrell, Third Sector, 7 May 2008
Financial experts behind a recent survey of charity investment have called for more pooled funds for third sector investors.
The survey, Investment Matters, was prompted by the outstanding success of investment returns on US university Yale's endowment fund. It was carried out by the Institute of Philanthropy and sector academic Beth Breeze. Researchers polled charities with assets worth £10m or more and found that UK charitable endowments underperformed similar...
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