Broadstone has expanded its investment consultancy proposition for non-profit organisations including charities and endowment funds.
The purpose of the service is to assist nonprofit organisations match their investments with their charity initiatives. It offers alternatives like pooled funds or tailored fund solutions to fit the organisational strategy and specific investments.
The objective is to make sure that the organisation’s assets provide income to fund both its core missions and its charity undertakings.
For instance, a charity with a medical concentration would invest in funds dedicated to pharmaceutical research and development, whereas a charity with a focus on ageing might invest in a social housing fund for the elderly.
It includes professional guidance on investment management, cashflow, and strategy issues. It provides a variety of pooled funds that correspond to the necessary sustainability standards for charities, as well as tailored segregated funds.
Broadstone charities and investment director Rachel Titchen says: “Non-profit organisations manage significant pools of capital but their time and resources are often limited.
“We strongly believe that mission-aligned investment strategies are an important way for these organisations to maximise the use of their capital – supporting causes that match their wider strategic objectives.
“We will work closely with investment managers to think strategically about where their investments are directed and how to make these assets work harder. We have good relationships with managers and consultants across the industry and firmly believe collaboration is a key driver of providing better outcomes for our clients, as well as making positive changes to better align with our client’s objectives.
“We are excited to be growing our services to the non-profit sector and hope it marks the shift of further change in the market to improve the range and scope of investment solutions available to charities.”
Broadstone CEO Tony Gusmao says: “Expanding our reach and range of services in the non-profit sector reflects the breadth of Broadstone’s expertise and focus of our specialist consultants. I look forward to supporting Rachel and her team in servicing this vibrant and socially valuable corner of the investment industry.”
