In our previous articles, we looked at how an investment philosophy shapes the strategy and style of charities’ investments and discussed what charities should know about stocks and bonds.
This article, which touches on alternative assets, is the seventh in a series based on our forthcoming book Good Practices for Managing Funds for Non-Profit Organisations.
It is undoubtedly the case that stocks and bonds should make up the bulk of charities’ investment portfolios. And it would be wise for charities to have some cash on hand to meet their short-term financing needs for expected and unexpected reasons.
