We believe that charities should use all their endowment to achieve their mission, not just their income. Like an increasing number of asset owners, we are seeking to maximise the social and environmental impact of our investments.
We are one of three charities – the other two being the Joffe Trust and Friends Provident Foundation – who have invited asset managers to make proposals for an investment of £33.5 million in an initiative called the ESG ‘investing olympics’. Nearly 60 investment companies applied to manage the cash and were grilled at a public event in February.
Read FTfm ESG olympics