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...
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