CIG Events
Investing for sustainability and in illiquid assets
The CIG are delighted to invite you to a joint talk:
Presentation 1: Investing to ensure your charity’s financial sustainability (35 minutes)
Ian Gamon, Partner and Head of Investment for Charities, Endowments & Foundations at Lane Clark & Peacock, will focus on how to organise charity investments to help charities run smoothly. He will cover sustainable investment rules, liquidity management to meet ongoing cashflow requirements and setting a liquidity budget within the strategic asset allocation.
Lane Clark & Peacock (LCP) is one of the largest owner-managed pensions and investment consultancies in the UK with around 1,100 people, 160 of whom are dedicated investment professionals. LCP advises over £650bh of assets, of which over £11bn is charity assets. LCP does not offer any competing services such as fiduciary management.
Presentation 2: Should charities invest in illiquid markets and if so how? (35 minutes)
Hamza Azeem, Managing Director on Hamilton Lane’s Portfolio Management Group, and Freddie Gore Browne, Principal in Private Wealth Solutions at Hamilton Lane, will look at the benefits and difficulties of investment in illiquid asset classes (eg private equities, private credit and infrastructure). He will cover the difficulties associated with traditional closed-ended illiquid funds and details of newer more innovative products that provide investors with more flexibility.
Hamilton Lane manage and advise on over $950bn and invest $30-40bn a year into private markets. They have one of the leading semi-liquid / evergreen private market fund platforms helping HNW, Charities and Endowments access private markets in more accessible structures.
The meeting is kindly hosted by CCLA Investment Management.
To attend, please click on this link
Opportunities presented by generative AI for charities and investment
The CIG were delighted that Charlotte Wood, Head of AI and Innovation at Schroders and Jo Hay, CEO of the Social Business Trust, were able to present an overview of key opportunities presented by generative AI, what tasks it lends itself well to, and Schroders’ approach to using the technology to deliver benefits. We had live demomstrations of AI in action, as well as hearing of tangible examples of AI being used within the charitable sector.
Kindly hosted by RBC Brewin Dolphin
Investing for Charities
The CIG was pleased to hear from James Brooke Turner, Investment Director at the Nuffield Foundation talk about his recent book, Investing for Charities. James shared his thoughts on endowment management and key areas trustees should consider for their investments.
Kindly hosted by Rathbones
A reflection on managing the Wellcome Trust Investments
The Charity Investors Group was delighted to be joined by Nick Moakes, Chief Investment Officer of The Wellcome Trust who reflected on his time managing the endowment for The Wellcome Trust and views on endowment management in general.
Kindly hosted by Brown Advisory
The Future of Investment Trusts?
The Charity Investors Group was delighted to be joined by Richard Stone, the Chief Executive of the Association of Investment Companies (AIC) who discussed the latest trends, opportunities, and challenges in the world of investment trusts for charity investors.
Kindly hosted by Sarasin & Partners
Alternative investments for charity portfolios. What part do they play?
The Charity Investors Group was delighted to be joined by Hamza El-Gomati, Senior Investment Director at investment consultancy Cambridge Associates. Hamza discussed the wide topic of alternative investments that can be used in charity portfolios, their benefits and risks.
Kindly hosted by Legal & General Investment Management
The new era of charity investing: more demands, more inflation, more impact
The Charity Investors Group was delighted to receive a talk by Tara Gillespie, Head of Global Assets at investment consultancy Redington. Tara discussed how charities and foundations need to structure their investments in a more challenging environment to tackle the increasing challenges they face.
Kindly hosted by Newton Investment Management
ESG risks and opportunities: protecting and enhancing real estate value
We were delighted receive a presentation by Christi Vosloo and Simon Martindale from Mayfair Capital who provided an overview of the current challenges that the real estate sector is facing in terms of net zero carbon and changing occupier preferences. The presentation is available on request.
Kindly hosted by RBC Brewin Dolphin
Achieving Net Zero - the impacts on oil majors as they transition to renewables
We were delighted to be joined by Dr Keith Myers, an independent energy expert from Westwood Global Energy Group as our speaker. Keith articulated how large integrated oil majors deal with the challenge of redeploying capital into renewables, while seeking to generate sufficient net revenues.
Kindly hosted by Rathbones Investment Management
Geopolitics and Cybersecurity threats for Charities
Charity Investors Group held a facinating meeting at the offices of Legal & General Investment Management to look at geopolitical and cybersecurity issues that face charities. Our speaker was Professor Paul Cornish, Strategy and Security export at the CityForum.
Kindly hosted by Legal & General Investment Management
Charity Investment Reviews - Are you asking the right questions?
Alice Ryder, Head of Stanhope Consulting, gave a presentation on the aspects charities and managers should consider when reviewing their investments.
Kindly hosted by Cazenove Capital
Social Capital for Charities
We were delighted to welcome Benjamin Rick, from Social and Sustainable Capital, to discuss the issues surrounding charities ability to obtain and invest into sustainable capital that has a social impact.
Kindly hosted by Lane Clark and Peacock
Merryn Somerset Webb
We were excited to welcome the respected financial commentator and editor of MoneyWeek.
Intentional Investing - Esmée Fairbairn Foundation
We were delighted to welcome Matthew Cox, Investment Director, Esmée Fairbairn Foundation who gave insight into the management of their £1bn endowment, and how they seek to align their investment strategy with their charitable aims.
Kindly hosted by Cazenove Capital
How safe is your income?
The CIG convened a panel of asset class experts to look at the safety of income from investments. With representatives from equities, property and bonds; this session was designed to be useful for charity investors - many of whom rely on investment income to support their operations.
Equities: Adrian Frost, Artemis Income Fund
Bonds: Simon Bond, Threadneedle UK Social Bond Fund
Property: James Thornton, Property Income Trust for Charities
Responsible Investment: Does engagement work?
We welcomed Professor Elroy Dimson, from the London Business School and Catherine Howarth from ShareAction to discuss whether engaging with companies that you invest in can really create change.
Kindly hosted by Legal and General Investment Management
Trump; instability and opportunity?
We were delighted to welcome Professor Clarke, a Senior Associate Fellow of RUSI who will speak on the inherent stability risks and even unexpected advantages of the Trump presidency.
Kindly hosted by CCLA
Benchmarking
We were delighted to welcome Oliver Bates, Sarasin & Partners LLP and Mick Brant, Teknometry to introduce a new charity peer group metric. James Brooke Turner, Finance Director, Nuffield Foundation shared his thoughts on benchmarking for long term charity investors.
Kindly hosted by Sarasin & Partners
Charity Authorised Investment Funds
We were delighted to give an update on the ongoing developments regarding CAIFs from the Charity Commission, FCA, HMRC and Farrer.
Kindly hosted by Evelyn Partners (Smith & Williamson)