The Harper Bernays Not For Profit Thought Pieces provide our clients and other Not For Profit organisations with a range of insights on key topics relating to Investing for the Not For Profit sector and and the Not For Profit industry more broadly. Click on the links below to read the full articles.
Not For Profit Thought Pieces
Creating a long term income generating share portfolio for a NFP
written by the Harper Bernays Philanthropy team.
Do high yielding shares create the best portfolio for a NFP investor? What is the trade-off between initial yield of a share and long term growth prospects for an income stream? This paper examines all of those issues and more in a detailed discussion of strategies to use in creating a long term annuity stream of income from a share portfolio.
Is holding cash more risky than investing in shares for a charitable trust? This discussion builds on the first two papers in the series and looks in detail at the risk characteristics of different asset classes relevant to NFP investors to examine that and similar questions. The answers may surprise you.
This second article in the series looks at the characteristics of some of the assets typically found in charitable portfolios and discusses how their risk characteristics align, or not, to the typical risks faced by NFP investors.
As an NFP investor the investment risks you face may not be what you think they are. This is the first part of a four part series examining the real investment risks facing charitable trust and NFP portfolios and how they impact on portfolio construction.
Now is the time to revisit the strategic allocation of NFP portfolios to bonds and other debt securities. For the past 35 years holding a portion of a portfolio’s assets in bonds has had the effect of dampening the volatility of the portfolio as a whole and adding to the overall returns. With what appears to be the end of an historic bond rally, will this still be the case for the next decade?