Financial turmoil is forcing associations to examine their financial strategies and appraise reserves The downturn in the economy and market instability have many associations taking a closer look at their reserve funds—typically a mix of equities and fixed income assets—to ensure a cushion for their organizations or a backup fund in case of a recession. Chief financial officers inside trade groups and their outside fund managers say in the current economic climate, they are examining their groups’ asset allocations to limit exposure to volatile products and find ways to reduce risk in a bear market. “We’re not making drastic moves at this time but you have to have a… Read More