Quilter Cheviot, a leading investment management firm that forms part of Old Mutual Wealth, has appointed a new Charity Director, Charles Mesquita, as an addition to its charities team.
Charles will join the 10 strong team at the beginning of January, reporting to Head of Charities William Reid.
Quilter Cheviot’s charities division has funds under management of over £1.5 billion of assets on behalf of 643 charities nationwide, making it a leading charity manager in the UK.
Charles has over 30 years’ investment experience and has worked for a number of leading financial institutions, including Newton Investment Management and Investec Wealth & Investment. Among other key roles at these firms, he was responsible for founding and launching the Charities Property Fund with Savills in 2000: the first Common Investment Fund investing in UK commercial property. Over 1,800 charities have invested in it to date with assets of over £1 billion.
In his new role at Quilter Cheviot, Charles will help develop the firm’s specialist charity capability.
Charles commented: “It is an exciting time to be joining Quilter Cheviot. Not only do they have an envious track record of delivering robust performance, but also a strong reputation for helping charities with their investments. Quilter Cheviot retain the ethos that the people you meet are the people managing your portfolio. As a trustee, I am only too aware of the challenges facing charities and the value put on having a strong relationship with someone you can trust.”
William Reid head of charities commented “We are delighted to welcome Charles to Quilter Cheviot as he is well qualified to enhance our capabilities. In light of the significant advice gap in the charities sector, the key to help resolving this is to recruit high calibre individuals who not only understand investment but are in tune with the challenges that trustees face.”
Charles is a trustee of Bowel & Cancer Research, RL Glasspool, a grant giving charity which aims to help people step out of poverty, and PRISM, which helps to promote and to facilitate charitable giving in a flexible and efficient manner. Charles also sits on the board of the Charity Investors Group, a forum promoting a greater understanding of investment within the sector.
Investors should remember that the value of investments, and the income from them, can go down as well as up. Investors may not recover what they invest. Past performance is no guarantee of future results.
£6,000 Raised For Charities Through Business Networking Events
Double Whammy Networking CIC (DW), a social enterprise that organises successful Southend and Castle Point business networking events.
The events focus on effective business networking, but the events are sponsored and at least 60% of the ticket price goes to a ‘charity pot’ to support local charities and good causes.
By the end of 2016, DW had raised a grand total of £6,000 to support 22 different charities and community groups.
Managing director Jill Poet stressed that ensuring quality business networking is always a priority and that, apart from an optional card draw, no fundraising takes place at the actual events. She explained: “I’m a veteran networker myself and I understand the importance of business people being able to attend an event without feeling pressurised to give, give, give.. We just don’t do that, although we often find that excellent long term relationships are established between the business and community sectors. Additionally, our events are ad hoc and there is no joining or membership fee, no commitment to attend regularly, and no requirement to give an elevator pitch. The events are relaxed and ideal for established businesses and start-ups: we make everyone welcome.”
The next event is a networking breakfast sponsored by and to be held at the Arlington Ballrooms in Leigh-on-Sea on 17th January. A basic ticket is just £7.50 including refreshments. £6 from each ticket sold will go towards supporting the SoS Domestic Abuse Project and SAFE (Supporting Asperger Families in Essex)
Booking is essential. Book via this link http://buytickets.at/dwnetworking/73578. Or call Jill Poet on 01702 468387 for more information.
CAF Reveal The Bizarre Items Donated To Charity
The most bizarre items donated to charity have been revealed by the Charities Aid Foundation (CAF) including a prosthetic leg, a sheep’s head and a Victoria Cross medal.
The top ten list, compiled by CAF, also includes a pair of canaries, a live ferret and a ventriloquist dummy.
Charities including Oxfam, Guide Dogs For The Blind and Cancer Research UK submitted items for inclusion. The donations have either been left at charity shops or bequeathed as legacies.
CAF works with more than 50,000 charities and helps 250,000 people give to good causes. One of the most unusual items donated via a CAF charitable account was a Central London townhouse.
Items donated to different charities include a Doulton Faience ceramic vase which was spotted by valuers working for Oxfam. Known as a moon flask because of its shape it was given to one of the charity’s high street shops. The piece – dated circa 1890 – sold for £2,400 at auction in June 2016.
It is estimated there are around 10,500 charity shops in the UK and Republic of Ireland which generate approximately £300m for good causes. CAF research has found that more than nine in ten people (88%) have bought something from a charity shop suggesting Britain is a nation of charity shop lovers.
The CAF top 10 list of unusual items donated to charity includes:
- A sheep’s head (Sue Ryder)
- A prosthetic leg (Emmaus)
- A ventriloquist dummy (British Heart Foundation)
- A Victoria Cross Medal (CAF)
- Property (ranging from a townhouse in Central London to rural chocolate box cottages)
- A moon flask (Oxfam)
- A pair of canaries (Cancer Research UK)
- A live ferret (Blue Cross For Pets)
- A wedding dress used in an episode of Coronation Street (Guide Dogs For The Blind)
- A Kermit The Frog puppet from the 1970s
Joanna Walker, Head of Private Clients at CAF said:
“People think about giving money, but it is fascinating to see all the surprising and strange items which have been donated to charities either via charity shops or bequeathed as legacies.
One person’s junk may be a charity’s treasure and can be used again to provide vital resources for the causes we care about
“Works of art and property can be hugely valuable to charities and provide enormous support for their work. The popularity of vintage chic means that one person’s junk may be a charity’s treasure and can be used again to provide vital resources for the causes we care about.
“People’s generous and unusual donations make charity shops and websites an amazing source of items to buy, helping people personalise their homes and supporting thousands of vital causes in the process.”