This article forms part of our "Spotlights: Impacts in action" series looking at the impact our responsible business framework is having on clients, colleagues, communities and governance.
Article last updated 3 April 2026.
Charities today face a dual challenge: funding vital services while safeguarding capital for the future. Volatile markets and declining yields have made traditional income‑only strategies less dependable, and trustees increasingly seek investment solutions that combine certainty of income, capital growth, and responsible stewardship. Our 2025 survey of high‑net‑worth families also revealed another barrier: complex red tape is discouraging many from leaving money to charity.
In response, in 2025, we introduced two new propositions to support the charity sector. First our Donor Advised Fund (DAF), offered in partnership with National Philanthropic Trust UK, provides a flexible ‘giving account’ for individuals and entities. It simplifies and overcomes the barriers to charitable giving, offering tax planning and administrative support while enabling donors to recommend grants to qualified organisations.
Second, we launched our first Charity Authorised Investment Fund (CAIF), the Charity Growth & Income Fund, in October 2025, to meet the long‑term investment objectives of many UK charities.
When funds focus narrowly on income, it can leave charities exposed when yields fall or markets shift. In response our Charity Growth & Income Fund targets growth and income, provides flexibility, and is designed with a focus on supporting long‑term capital preservation. It also provides a consistent, efficient, and transparent investment experience, with responsible investment fully integral to the process, streamlined reporting for trustees, and rigorous governance under FCA and Charity Commission oversight.
These developments support our position as one of the leaders in charity solutions, and the third‑largest manager of charity assets in the UK.
