UK - Railpen is to invest £400m in hedge funds, as it looks to increase its total portfolio to £1.2bn by December 2007, up from £600m at the end of 2005.
Railpen is the £18bn fund that looks after the retirement savings of 380,000 railway workers. Railpen chief executive and National Association of Pension Funds (NAPF) chairman Chris Hitchen said: ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
