Risk management more important than ever for the sector - Financial indicator
May 2008
Outlook for charities as the financial crisis becomes a general economic malaise - Financial indicator
The IMF has suggested that as the financial crisis develops, so the chance of a major bank failing has increased from negligible to 5 per cent. The importance of risk management for the sector is made clear by this estimate. The crisis is moving from the financial sector to the economy as a whole and charities need to be prudent with cash investments.
Author: John Kelly
John Kelly is head of client investment at CCLA.
There are no comments on this article. Be the first to comment.