Investing for Charities

‘The author’s inimitable style and perception make this a book a joy to read. It is laced with practical wisdom, thought-provoking bon mots and helpful case studies that build over the course of the book. The author deploys his decades of experience in the charity investment world to cover the whole gamut of topics – and does so with zest, clarity, humour and salty common sense.’

Don Bawtree, Senior Adviser, BDO LLP

‘Cuts through all the noise and distraction by providing thoughtful and provocative tools that will be useful to any practitioner. It brings charity investors back to what really matters – using their organisation’s wealth in a way that best helps their beneficiaries.’

Matthew Cox, Investment Director, Esmée Fairbairn Foundation

‘I recommend this book enthusiastically for the trustees and senior staff of endowed charities. It focuses on investment for UK beneficiaries, is highly practical, non-technical and very well written.’

Professor Elroy Dimson, Chair, Centre for Endowment Asset Management, Judge Business School, University of Cambridge

’‘Investing for Charities is an invaluable guide to charity investment. It is practical, insightful and remarkably comprehensive. It is also deeply grounded in the distinctive characteristics of different types of charitY; and is packed full of the wisdom of James’s many years of experience, thought and reflection.'

Luke Fletcher, Partner, Bates Wells

‘An excellent, practical and jargon-free guide for all charity trustees, stressing the need to make and spend (wisely!) as much as you can for your beneficiaries. Given my long experience in charities and endowments – from the largest (Wellcome Trust) to a small, local charity – I know that, as James says in the book, good governance is the asset of choice. This title will be invaluable for trustees who aim to assess and implement prudent investment decisions and then to review their progress.’

Sarah Fromson, Chair of the Cambridge University Endowment Fund Investment Advisory Board

'This book provides an invaluable reminder that charities exist to spend money not to hoard it. The better we run our investment portfolios, the more we will be able to spend. James provides a comprehensive framework in practical language for improving the way charities with investment portfolios can maximise their impact.'

Nick Moakes, Managing Partner and Chief Investment Officer, Wellcome Trust

‘It was a delight to pick up a book that challenges the usual approaches that charities take to investing by focusing on spending. Bursting with ambition, insights and practical examples, this is a book for all trustees of charities lucky enough to have investments – including trustees who already have investment experience.’

David Renton, Estates Bursar, All Souls College, University of Oxford