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Fund manager tells charities to review their assets
By Helen Warrell, Third Sector, 17 October 2007
Third sector investment specialist CCLA has warned charities that they should review their asset allocations because there are likely to be decreases in bond returns.
The fund manager told Third Sector that the combination of rising inflation, the impact of the financial uncertainty of the summer and changing government priorities had put increased pressure on bond pricing, leading to a fall in returns over the long term. According to CCLA, there has been a sharp...
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