Charities switch investments into cash to guarantee continued income | Voluntary Sector Network | Guardian Professional

Charities switch investments into cash to guarantee continued income | Voluntary Sector Network | Guardian Professional

Charities have stopped investing in shares and property and have moved their savings into cash-based products instead which are less exposed to the fluctuations of the financial markets. Reducing risk from investments has become critical as the voluntary sector's other traditional streams of income from donations and government funding are drying up. At the same time charities are also actively targeting potential trustees who have experience of financial services so they can use their expertise in these tough economic times.