High Court rules short-term financial detriment 'no barrier' to Paris adoption

Trustees able to implement Paris-aligned strategies despite negative short-term risk

Hope William-Smith
clock • 2 min read
High Court rules short-term financial detriment 'no barrier' to Paris adoption

The trustees of two charitable trusts will be able to implement a Paris-aligned investment strategy that runs the risk of causing financial detriment to their trusts in the short term, the High Court has ruled.

The court's judgment on the Butler-Sloss & Others v The Charity Commissioner & Another case involved two charities in the Sainsbury Family Charitable Trusts network which control £42 and £22m of assets...

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