Ethical restrictions help bolsters Church Pensions Board returns for 2015 | News | IPE

The £1.7bn (€2bn) portfolio of the Church of England Pensions Board (CEPB) returned 2% during 2015, compared with 9.7% for the previous year, with property the outstanding performer.  The CEPB runs a number of pension schemes, with more than 35,000 current or future beneficiaries, including clergy and church workers.

The CEPB invests ethically, with its policy and practice shaped by the Church’s Ethical Investment Advisory Group (EIAG).

It said these ethical restrictions added around 0.9% to its returns over 2015, with the ethically adjusted MSCI World Index returning 4.6%, compared with 3.3% for the unadjusted index.

Source: Real estate bolsters Church Pensions Board returns for 2015 | News | IPE