Monkey Posted May 16, 2016 Share Posted May 16, 2016 http://www.ibtimes.co.uk/church-england-has-sold-250m-equities-amid-market-slowdown-fears-1560296 The Church of England (C of E) revealed that it sold £250m (€316.91m, $358.79m) worth of equities, which is about 6% of its total equity portfolio in March 2016. The Christian church in UK, which is also the mother church of the worldwide Anglican Communion, said, the decision was taken amid fears of a slowdown in the global economy while governments fail to increase growth. The Church had an investment fund worth £7bn, of which £4bn were in equity holdings and the remaining across non stock-market holdings such as land, forests and property. Quote Link to comment Share on other sites More sharing options...
pricesmad Posted May 16, 2016 Share Posted May 16, 2016 are they not the biggest land or property owner in the uk as well? Quote Link to comment Share on other sites More sharing options...
dances with sheeple Posted May 16, 2016 Share Posted May 16, 2016 Bloomberg showing charts about household wealth or something, didn`t really catch the detail, saying "something big is about to go pop", according to their charts anyway. Quote Link to comment Share on other sites More sharing options...
ThePiltdownMan Posted May 16, 2016 Share Posted May 16, 2016 What will they do with the money instead? Quote Link to comment Share on other sites More sharing options...
spunko2010 Posted May 16, 2016 Share Posted May 16, 2016 are they not the biggest land or property owner in the uk as well? They are around the 12th biggest now, I think. This from 2010: http://www.countrylife.co.uk/features/who-owns-britain-top-uk-landowners-20178 James Dyson is somewhere in the top 5 now I believe. Quote Link to comment Share on other sites More sharing options...
porca misèria Posted May 16, 2016 Share Posted May 16, 2016 are they not the biggest land or property owner in the uk as well? Second after the Crown, innit? Though they, like other big landowners, will be structured so that land is held through different investment vehicles. What will they do with the money instead? There's nowt like bricks&mortar .... Quote Link to comment Share on other sites More sharing options...
StainlessSteelCat Posted May 16, 2016 Share Posted May 16, 2016 What will they do with the money instead? BTL? Quote Link to comment Share on other sites More sharing options...
EssKay Posted May 16, 2016 Share Posted May 16, 2016 They are around the 12th biggest now, I think. This from 2010: http://www.countrylife.co.uk/features/who-owns-britain-top-uk-landowners-20178 James Dyson is somewhere in the top 5 now I believe. I'm surprised the crown estate is only 6th on that list with what, 0.5% of the total land acreage? I would have thought it would be higher Quote Link to comment Share on other sites More sharing options...
Errol Posted May 16, 2016 Share Posted May 16, 2016 Isn't the Duke of Westminster one of the largest property owners as well? At least in terms of value. Quote Link to comment Share on other sites More sharing options...
Sheeple Splinter Posted May 16, 2016 Share Posted May 16, 2016 They are around the 12th biggest now, I think. This from 2010: http://www.countrylife.co.uk/features/who-owns-britain-top-uk-landowners-20178 James Dyson is somewhere in the top 5 now I believe. Dyson owns more land than the Queen. Interesting article, albeit long: http://www.ft.com/cms/s/2/528c518c-de2e-11e4-8d14-00144feab7de.html Quote Link to comment Share on other sites More sharing options...
R K Posted May 17, 2016 Share Posted May 17, 2016 Well CoE is run by a former oil trader so I guess he cant help having a dabble Quote Link to comment Share on other sites More sharing options...
yellerkat Posted May 17, 2016 Share Posted May 17, 2016 Given the CofE's track record this has got to be the biggest BUY BUY BUY signal out there. Quote Link to comment Share on other sites More sharing options...
VeryMeanReversion Posted May 17, 2016 Share Posted May 17, 2016 Does a tip-off from God count as insider trading? Quote Link to comment Share on other sites More sharing options...
porca misèria Posted May 17, 2016 Share Posted May 17, 2016 Perhaps the more interesting question is whether they've disposed of any of the investments in companies they run around condemning on moral/ethical grounds. Or whether it's purely an act of Mammon. Note that they're not revealing anything more recent than two months ago. So nothing that might inform a trader today. Quote Link to comment Share on other sites More sharing options...
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