PwC understands the key commercial, strategic, compliance and operational risks facing charities today. A successful investment strategy is critical to that overall wellbeing and continued success:
- clear and accountable governance structures in respect of the investment portfolio, supported by professional advice;
- a clearly defined and understandable investment strategy that takes account of the income and capital requirements of the organisation;
- where investment risks exist within a strategy, that the potential impact of such risk is both recognised and adequately rewarded; and
- that investment managers appointed continue to have the appropriate skills and people to meet the investment mandate, and do so at an appropriate and competitive fee.
Our approach to investment advice is to ensure Boards should have a total understanding of the investment strategy adopted and investment manager(s) appointed.