Investment management for charities trustees and senior investment managers.
We specialise in bespoke investment management for charities, not-for-profit and institutional investors. We manage investments of £1.47 billion on behalf of more than 800 charities*.
We have a specialist team of eight charity investment managers who, on average, have over 13 years experience with the firm and have specialist knowledge and experience working with a wide range of charities, including schools and colleges, wildlife trusts, religious orders, NHS charities, hospices and almshouses.
Our approach to charity investment is pragmatic, with inbuilt flexibility. We work with our clients to develop a prudent and understandable investment strategy designed to meet their individual capital return and income objectives. This bespoke strategy is then implemented by their dedicated investment manager.
We treat each client as unique. We will work closely with you to deliver a comprehensive service that reflects your individual investment objectives and supports all your investment management needs.
Breakdown of our funds under management by sector*
* As at 31 March 2012
A flexible approach
We believe that each charity deserves a personal service rather than a pre-packaged model solution. That is why we match you to a specialist investment manager whose individual expertise fits your charity’s needs.
Structured input, targeted output
Our investment process starts with the creation of your personalised written investment policy. Our research and investment teams work closely together to reach the right asset allocation, sector and stock recommendations for you. Once agreed, the process builds upon a common sense approach for long-term sustainable performance. Risk is managed by the sensible use of diversification and portfolios are continuously monitored to ensure suitability in line with your objectives.
Almost two-thirds of our clients, by value, have ethical constraints; we are comfortable managing your portfolio with consideration to your preferred criteria.
We recognise the dangers of following a single investment style. Along with a proactive attitude towards asset allocation, our adaptability has helped us to achieve a performance track record of which we are extremely proud.
Beyond relationship stability and a tailored approach is our good performance.
Our performance has been consistently strong. We believe in creating small, incremental excess returns as over time these add up to greater levels of outperformance.
Below is actual performance information taken from a composite of our discretionary Charities Team clients all of whom have balanced mandates and would be classified as unconstrained. The total value of the composite was £621 million and there were 118 funds in the sample as at 31 December 2012. These figures have been calculated on a weighted average basis and are compared to the WM Charities Index, an independent measure, and show an out-performance in 13 of the last 15 years.
|Investec Wealth & Investment
||WM Index %
|since Jan '98
Annualised Total Return Performance to 31 December 2012
Events and training
Our consistently strong performance and personalised service is backed by a commitment to providing continuing professional development (CPD), trustee training and charity education seminars for the sector.
Charity education and trustee training
Relationships, strong performance and good service are all vital, but it’s also the little things that count. Our dedication to your charity begins by providing you with help in creating your personalised investment policy. This helps us to ensure that the foundation for your investments is a stable one and that the financial governance systems in place comply with the highest standards of charity law.
We also provide free support with seminars, newsletters and trustee training (through our annual AGENDA series) for clients. We work with other sector specialists to provide seminars such as our ‘Understanding the Basics’ workshop. This provides seasoned trustees and senior management with a review and update on changes in the charity sector and provides training for new trustees in the fundamentals of charity law, accounting and investment.
We also work with Charity Finance Group to provide training.
Our Charities Team works alongside trusted partner organisations that specialise in supporting charity professionals, advisers and finance managers, including:
CharitiesDirect.com is a free source of information on 162,000 UK registered charities and 3,000 charity advisers for charity professionals, advisers and members of the public.
Charity Finance Group (CFG)
CFG champions best practice in finance management in the voluntary sector. The charity’s training and development programmes are designed to support finance managers with clear leadership on finance strategy and management for their charities. CFG also provides information and support for members and the wider charity sector.
Knowledge Peers Charity Leaders’ Exchange
The Knowledge Peers Charity Leaders' Exchange keeps third-sector directors better informed and better connected by facilitating peer-to-peer learning around strategic issues. The network produces bite-size video content with charity experts and innovators, and connects senior figures face-to-face at topical panel debates.
Find out more
Funding for Independent Schools magazine
Funding for Independent Schools is the only magazine focused entirely on the strategic, financial and fundraising issues of independent schools in the UK. Each edition is sent to every bursar and every headteacher on a termly basis.
Our investment specialists in the press
Our experts are often asked to share their knowledge in specialist publications. The following articles show our team’s insights into the issues facing charities today.
Past performance is not an indicator of future performance. The value of investments and the income derived from them may go down as well as up and you may not necessarily get back the amount you invested.