High-cost, low-return environs have trusts in a ‘pincer’
Mercer head of endowments and foundations says clients are traversing challenging times as demand booms.
WATCH: Mercer head of foundations, endowments & sustainability Mark Longbottom speaks with Dita De Boni.
Those running endowment funds and charitable trusts are reporting feeling caught in a ‘pincer movement’ – where dwindling returns on their endowments, alongside higher costs and much higher demand for social services, is forcing them to make stark decisions about what to continue funding.
The
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