{"id":68580,"date":"2018-02-26T18:36:05","date_gmt":"2018-02-26T23:36:05","guid":{"rendered":"http:\/\/kendallharmon.net\/?p=68580"},"modified":"2018-02-26T18:36:59","modified_gmt":"2018-02-26T23:36:59","slug":"belfast-telegraph-church-of-england-investment-arm-steeled-for-weaker-returns-in-2017","status":"publish","type":"post","link":"https:\/\/kendallharmon.net\/?p=68580","title":{"rendered":"(Belfast Telegraph) Church of England investment arm steeled for weaker returns in 2017"},"content":{"rendered":"<p>The head of the Church of England\u2019s investment arm has flagged that its \u00a37.9 billion fund will fail to match the stellar returns logged in 2016, but said ethical policies were not to blame.<\/p>\n<p>While the fund managed to rake in a bumper 17.1% return on the back of a strong performance in equities in 2016, it sold down its stock holdings by around 17% or \u00a3500 million to help re-balance the portfolio during the same year, meaning a smaller boost from a further rise in stock prices is expected from 2017.<\/p>\n<p>Andrew Brown, secretary and chief executive of the Church Commissioners, said: \u201cLike all investors we were faced in 2017 with a number of headwinds and we\u2019ve seen it with sterling, we\u2019ve seen it with inflation and global markets have slowed.<\/p>\n<p><a href=\"https:\/\/www.belfasttelegraph.co.uk\/business\/uk-world\/church-of-england-investment-arm-steeled-for-weaker-returns-in-2017-36640808.html\">Read it all<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The head of the Church of England\u2019s investment arm has flagged that its \u00a37.9 billion fund will fail to match the stellar returns logged in 2016, but said ethical policies were not to blame. While the fund managed to rake<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/kendallharmon.net\/?p=68580\">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":[389,589,149,168,108,441,599],"tags":[],"class_list":["post-68580","post","type-post","status-publish","format-standard","hentry","category-church-of-england-coe","category-corporationscorporate-life","category-economy","category-ethics-moral-theology","category-religion-culture","category-stewardship","category-stock-market"],"_links":{"self":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/68580","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=68580"}],"version-history":[{"count":2,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/68580\/revisions"}],"predecessor-version":[{"id":68582,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/68580\/revisions\/68582"}],"wp:attachment":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=68580"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=68580"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=68580"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}