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£25bn Railways pension fund creates property management role

One of the UK's largest pension schemes continues its march towards in-house investment management

£25bn Railways pension fund creates property management role

RPMI Railpen, the in-house manager for the UK's £25 billion Railways Pension Scheme, has appointed its first head of property asset management.

Matthew Howard will be responsible for the execution of the asset management strategy and "delivering asset enhancement initiatives within the property portfolio", Railpen said in a statement on March 8.

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