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Church sets up $120m fund after slavery apology


Last June, it said an investigation, initiated by the Church Commissioners, a charity managing the Church’s investment portfolio, revealed that for more than 100 years the fund invested large sums of money in a company responsible for transporting slaves.

The fund, known in the 18th Century as Queen Anne’s Bounty, had developed into a £10.1bn investment trust.

The Most Reverend Justin Welby said he was “deeply sorry for the links”.



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