Funding news

First fall in three years for funds - Wednesday 19 July 2006

Returns from charity investment funds have fallen for the first time in three years, according to figures for the second quarter of 2006 from WM Performance Services.

The survey, which covers 290 charity funds with £11.6bn under management, found that charity funds had suffered a drop of 2.6 per cent because of falls in global equity markets.

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