The common good
Article Abstract:
United Kingdom charities can invest in common investment funds (CIFs) which are a type of pooled vehicle geared to the needs of charities. They tend to have lower management fees than conventional unit trusts, and may be geared to fixed interest or to equities, which permits charities to achieve the desired balance of each type of investment. Charities are restricted in their ability to invest in equities as a result of the 1961 Trustee Investments Act, and CIFs are a way of providing flexibility despite this act.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1999
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Getting the balance right
Article Abstract:
Changes in the law affecting the investment portfolios of UK charities were passed in 1994 and 1995. Charities have greater investment flexibility following the 1995 Charities (Trustee Investment Act 1961) Order, and the 1994 Trustee Investment (Additional Powers) No 2 order. Not all charities have taken advantage of the greater flexibility offered by these amendments. Rebalancing of investment lists is inexpensive and does not involve a great deal of effort.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
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Walking on eggs
Article Abstract:
Charities face problems when considering ethical investments, such as how to decide whether an investment is ethical or not, and whether they can select investments on ethical grounds rather than performance. Charities may suffer a drop in donations if they make certain investments, such as a cancer relief charity investing in tobacco companies. Charities need professional advice in order to improve their investment performance and avoid legal problems.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1998
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