News Analysis: Cash is seen as a safe bet for charities, but is it time to invest elsewhere?

By David Ainsworth, Third Sector, 8 October 2008

The tendency of charities to hold assets in cash has been strengthened by the recent volatility of the markets resulting from the credit crunch.

This has started a debate about whether they are being over-cautious and whether now might be a good time for some strategic investment in equities. Biman Mittra, finance director of children's charity Coram and a former private equity specialist, believes charities should be cautious. "I would be ecstatic to have...