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Reuters publishes speculative story on Mormon Church finances

A Reuters story released Sunday suggests that if the Mormon Church were a corporation, it would need to change its investment strategy.

The problem with that premise is that the church is different from a corporation, a spokesman for The Church of Jesus Christ of Latter-day Saints told Reuters.

The Reuters story, written by Peter Henderson, categorizes the church's "investment strategy" as "risk-averse," and claims investors "would call for less spending on real estate and more on charitable causes to improve membership growth — the Mormons' return on investment."

Read the rest of this story at deseretnews.com
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