17th-century Queen Anne’s Bounty, which has grown into investment fund, could pose ‘reputational risk’
The Church of England is to investigate possible slave trade links to an 18th-century endowment which has grown into a £9.2bn investment fund supporting parishes and cathedrals across the country.
Queen Anne’s Bounty, a sum of money set aside to augment the incomes of poor clergy in 1704, could present a “reputational risk”, said the annual report of the Church Commissioners, the body which manages C of E assets.