{"id":42987,"date":"2014-03-10T04:53:18","date_gmt":"2014-03-10T04:53:18","guid":{"rendered":"http:\/\/127.0.0.1\/site\/2017\/2\/1985\/church_of_england_defends_plans_to_boost_hedge_fund_investments\/"},"modified":"2014-03-10T04:53:18","modified_gmt":"2014-03-10T04:53:18","slug":"church_of_england_defends_plans_to_boost_hedge_fund_investments","status":"publish","type":"post","link":"https:\/\/kendallharmon.net\/?p=42987","title":{"rendered":"(FT) Church of England defends plans to boost hedge fund investments"},"content":{"rendered":"<p>The man responsible for the Church of England\u2019s \u00c2\u00a36bn endowment has defended plans to increase its investment in hedge funds, arguing that not all of the industry has \u201cdevil\u2019s horns\u201d\u009d.<\/p>\n<p>Andreas Whittam Smith, First Church Estates Commissioner, told the Financial Times that the Church\u2019s own ethical watchdog sanctioned short selling, providing it was done in a responsible way.<\/p>\n<p>He added that the group \u201cdoes not have ethical concerns about short selling per se as an investment practice,\u201d\u009d and \u201cdid not make an ethical distinction between seeking to profit from a rise in the value of a security as against seeking to profit from a fall.\u201d\u009d<\/p>\n<p><a href=\"http:\/\/www.ft.com\/intl\/cms\/s\/0\/5c2cfbce-a482-11e3-b915-00144feab7de.html?siteedition=intl#axzz2v9yinnS1\">Read it all<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The man responsible for the Church of England\u2019s \u00c2\u00a36bn endowment has defended plans to increase its investment in hedge funds, arguing that not all of the industry has \u201cdevil\u2019s horns\u201d\u009d. Andreas Whittam Smith, First Church Estates Commissioner, told the Financial<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/kendallharmon.net\/?p=42987\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":794,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36,40,74,389,589,595,592,149,600,599],"tags":[],"class_list":["post-42987","post","type-post","status-publish","format-standard","hentry","category-anglican-episcopal","category-economics-politics","category-anglican-provinces","category-church-of-england-coe","category-corporationscorporate-life","category-credit-markets","category-currency-markets","category-economy","category-housingreal-estate-market","category-stock-market"],"_links":{"self":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/42987","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/users\/794"}],"replies":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=42987"}],"version-history":[{"count":0,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/42987\/revisions"}],"wp:attachment":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=42987"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=42987"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=42987"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}