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Iveagh's new share class offers reduced charge for charities


The Guinness family office, Iveagh Private Investment House, has launched a new share class for the £145 million Iveagh Wealth Fund that has enabled charities to invest in the fund at a reduced charge. As part of a long-term partnership with the National Council for Voluntary Organisations, the share class, branded the NCVO share class, will be aimed primarily at UK charities. The other high-profile player in the UK charity sector, which is worth some £80 billion, is Fauchier Partners, whose Absolute Return Trust for Charities is nominated in