Summer Round-Up
- Tatyana Mursalimov
- Jul 3
- 3 min read
What's Been Happening at PMCL?
As we all enjoy the beautiful summer weather, we’re pleased to share a few updates from PMCL - including team news, recent insights from our Knowledge Hub, and reflections on what the latest market moves mean for trustees. As ever, our focus is on helping charities and not-for-profits align their investments with their mission and make confident, long-term decisions - and we hope you find this update both useful and interesting.
Welcoming Peter Mackin to PMCL
We’re delighted to welcome Peter Mackin to the PMCL team.
Peter joins us as an Investment Associate and will be working closely with our charity clients on portfolio analytics, investment research, and long-term strategy development. His focus includes manager selection, performance evaluation, and ensuring portfolios are delivering appropriate, risk-adjusted returns.
Peter brings experience advising charitable and non-profit investors across public and private markets, and has a particular interest in using data analytics to strengthen investment oversight and decision-making.
We’re thrilled to have him on board and look forward to many of you meeting him soon.
Helping Trustees Navigate Uncertainty
Our Knowledge Hub is designed to support charity leaders, trustees, and advisers with clear, practical insights on investment governance, market developments, and strategic decision-making.
In a new blog post from April, following her presentation at the Charity Finance Group Conference, our CEO Tatyana Mursalimov reflects on why taking a joined-up approach to managing cash, reserves, investments, and debt is vital for building financial resilience.
Tatyana explores:
Why cash, reserves, investments, property, and debt should never be managed in isolation
The importance of horizon planning across short-, medium-, and long-term needs
Common pitfalls in liquidity and risk management
Practical takeaways from five recent client case studies
Read the full post here.
In a second article published in May, Tatyana reflects on the sharp market reaction to Donald Trump’s tariff announcements - and what charity investors can take from it. While the S&P 500 has since rebounded, the episode was a timely reminder of how quickly sentiment can shift - and why a clear long-term strategy remains so important.
She outlines:
Why periods of volatility don’t necessarily call for dramatic action
The key questions trustees should be asking investment managers in uncertain times
How to evaluate whether your portfolio is built to withstand shocks – without overreacting to short-term noise
You can read the article on the PMCL Knowledge Hub here.
Client Feedback We’re always grateful for the trust our clients place in us - and never take it for granted. This quarter, we were especially pleased to receive the following feedback from The Worshipful Company of Shipwrights, with whom we’ve worked over several years:
“Over a period of some three years the Shipwrights’ Company commissioned PMCL to conduct a review of the historical performance of its investment managers, a revision of the Company’s investment strategy and policy statement, a comparison of passive and active investment strategies, and to provide oversight and advice.
All of PMCL’s reports and presentations were very well received by the Finance Committee, which was always impressed by the quality, scope, and timeliness of their work.”
- Finance Committee, The Worshipful Company of Shipwrights
It’s a privilege to support trustees who are thoughtful about both investment outcomes and the purpose those investments are there to serve.
Looking Ahead
We know many trustees are dealing with complex decisions against an unpredictable backdrop - from market moves to operational pressures. Our role is to help make those decisions a little clearer.
Whether you’re reviewing your investment approach, benchmarking performance, or just looking for a second opinion, we’re always happy to help.
Wishing you a relaxing and well-earned summer break - and thank you, as ever, for your continued trust and support.
If your organisation is grappling with any of the issues discussed above - or simply wants to ensure its financial strategy is fit for purpose - we would be pleased to support you. PMCL specialises in helping charities develop integrated, resilient approaches to financial management. To explore how we can help, please get in touch with our team at www.pmclconsulting.com or contact us directly.
Disclaimer:
The information presented is intended for organisations and individuals with professional investment experience. Portfolio Manager Consultancy Ltd is committed to serving professional clients, ensuring our advice and insights align with the sophisticated needs of this group. We encourage those who do not have professional investment experience to seek advice before making any investment decisions based on this update. For a full understanding of our terms and the scope of our advice, please consult the disclaimer provided.
