Chapter 14 » 14.18



Administering invested funds requires qualifications and experience which may not be available amongst local Friends: professional advice should be obtained when necessary. For substantial investments a discretionary management service may be appropriate. The investment manager will handle all transactions and report to trustees as required. The advantages of this include continuity through trustee changes, professional external oversight and detailed ethical compliance, and above all the assurance that the investment duty of trustees is supplemented by a specialist organisation.

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