We at Ignis are delighted to be part of the ground-breaking initiative, Invest & Give.
With an unprecedented level of cross industry co-operation, this is an innovative way in which we can work together, along with a leading charity, to give something back to the community.
We are particularly proud to be part of a collaboration that has developed a new type of responsible, philanthropic and sustainable investment. This vehicle will hopefully have universal appeal and its ability to utilise Gift Aid should considerably boost donations to the Prince’s Trust.
Since the idea of Invest & Give was initially proposed some two years ago, there has been a dramatic change in the fortunes of the stock market, the UK economy and the public’s attitude towards financial organisations. Exploring initiatives such as this that benefit young people is an important step forward for the fund management industry and will hopefully set the tone of things to come. We are confident that Invest & Give will prove that the interests of a commercial business can be successfully aligned with the interests of a leading charity and the wider community.
The number of unemployed young people in the UK is currently at its highest level in 15 years. A recessionary environment is likely to push that number higher. It is therefore crucial that charities such as the Prince’s Trust get the financial support to help young people find employment.
Ignis and our industry colleagues who have worked so hard to get the project off the ground have every confidence in the success of this venture. We truly hope that it provides the inspiration for the development of similar funds and like-minded initiatives that support charities in the UK.