Charities should adopt their own benchmarks when measuring their investment performance

ThirdSector: "Finance News: 'Bespoke' benchmarks are best
Charities should adopt their own benchmarks when measuring their investment performance rather than relying on comparisons with their peers, delegates at this year's Charity Accountants Conference will be told.

Paul Palmer, professor of voluntary sector management at City University, will argue that finding an appropriate benchmark is vital to a charity's investment strategy.

'But charities often fail to appreciate what an appropriate benchmark is and how to set and monitor one,' he will say. "