Trocaire to profit from gurus charity bets

TOP institutional investors finding it hard to locate rich pickings on world markets are turning to the sport of kings to raise money for charity.

Goodbody Stockbrokers and bookmakers Paddy Power organised charity bets on the Cheltenham Gold Cup today which will result in the Catholic bishops third world charity Trocaire taking at least 5,000 in winnings.

One hundred istitutional clients of Goodbody were invited to bet 50 on a horse in the Gold Cup. For each bet, Goodbody will donate 50 to Trocaire.