Church of England stores up riches on Earth
Patrick Collinson
Thursday April 27, 2006
The Guardian

The value of Church of England property and shares jumped by £800m last year to nearly £5bn - but the Archbishop of Canterbury's annual stipend went up by just 2.7% to £66,140.

The church commissioners' annual report reveals how it has emerged as one of the most successful money managers in Britain. In 2005 the total value of its investments rose by 19.1% - a better return than the vast majority of Britain's life and pension companies, and in the top 1% of pension fund managers. the rest