Head of Charity Investment, Richard Hyder, writes in The Law Society of Scotland's online magazine, Journal Online, about changes to investment rules that have given charity trustees much greater freedom to invest, but with it has come an enhanced risk of poor returns, and a need for proper fund management.
Richard notes that:"... a range of social asset classes have opened up to charities, and these include investment in social enterprises, social impact bonds and other forms of social finance loans. These may look, on the surface at least, to be particularly attractive to the charity sector, but the reality may be somewhat different."
To read the full article, 'Act like a trustee, think like a fund manager', from Journal Online please click here.
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