FINANCE NEWS: Small charities to benefit from help with investments

Consultant Charity Business and investment management firm API are to launch an investment advisory service for charities.

The new service will measure fund performance and develop individual investment strategies for charities. Issues to be considered will include whether the charity primarily requires capital growth or income, and what its ethical investment needs are.

Charity Business chief executive Mark Freeman said that the service was intended for small as well as large charities. "Small- to medium-sized charities often require as much financial advice as larger charities, as smaller funds need to work harder to yield favourable returns,

he said.

API's managing director James Parker said: "Problems with short-term funding, intense fundraising competition, a drop in the value of equities and the vagaries of the VAT system have left charity finances in a precarious position. Charities need to start investing their reserves more wisely."

Have you registered with us yet?

Register now to enjoy more articles and free email bulletins

Register
Already registered?
Sign in

Before commenting please read our rules for commenting on articles.

If you see a comment you find offensive, you can flag it as inappropriate. In the top right-hand corner of an individual comment, you will see 'flag as inappropriate'. Clicking this prompts us to review the comment. For further information see our rules for commenting on articles.

comments powered by Disqus