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Underperforming investments 'cost sector £750m'
By Helen Warrell, Third Sector Online, 1 May 2008
Underperforming charity investments could have cost the sector £750m in income over the past decade, new research on charity investment practices has found.
Investment Matters , by sector academic Beth Breeze for the Institute for Philanthropy, found that the voluntary sector’s income would have been £750m higher if investment performance had been 2 per cent better over the past 10 years. The report, which was based on information on investment management processes and...
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