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Charities 'cautiously optimistic' about investment returns
By David Ainsworth, Third Sector Online, 28 February 2008
A survey of charities involved in the investment market found they were "cautiously optimistic" about returns for 2008, despite a possible economic slowdown.
About half of the 134 charities that took part said they were looking at returns of more than 8 per cent, according to the seventh annual JPMorgan Asset Management Charity Investment Industry Survey . More than 90 per cent of investors said that their returns would meet the needs of...
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