The Church of England has poured £60m of vicars› pension investments into hedge funds run by some of the world’s richest people.
One of the funds is run by US billionaire Ray Dalio, while another is managed from a south London mews house by British multimillionaire David Harding. Disclosure that the church is risking vicar’s pensions in hedge funds prompted a call from within the CofE for the church’s pension board to scrutinise hedge fund remuneration policies.
