The Church of England knew it was investing in the transatlantic slave trade during the 18th century, the head of its investment arm said on Wednesday, after it committed 100 million pounds ($121 million) to address the "shameful" wrongs of links to slavery.
The Church Commissioners, who manage the church's 10-billion-pound investment portfolio, will use the money for a fund that will invest in communities affected by past slavery, and research and engagement related to its links with slavery.
