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Asset Owner Directory

Railpen Investments (RPMI)

The Railways Pension Scheme is one of the UK’s largest and longest established pension funds. RPMI Railpen (Railpen) is responsible for the safekeeping and investments behalf of the scheme’s approximately 350,000 members who are connected to the railway industry.

Country

United Kingdom

AUM

$46

Performance (%, 1YR)

7.50

Chief Executive

Andy Bord

Chief Investment Officer

Mads Gosvig

Performance Notes

Based on Growth Pooled Fund

Chair

Mike Craston

Asset allocation

44.48% Equities

5.54% Fixed Interest Securities

3.01% Indexed Linked Securities

5.88% UK Property

29.04% Pooled Investment Vehicles

0.32% Derivatives and Other Assets

11.73% Cash and Cash Equivalents

Website
View the annual report
Global Pension Transparency Benchmark country system description

Asset allocation as of December 31, 2024. All information is as per the most recent annual report or other publicly available data via the fund's website

Top1000funds.com related articles

Railpen ups infra allocation; commodities investments get the green light

Railpen will ramp up its infrastructure allocation and take on more core-plus and value-add assets to complement its existing core exposures. It also received the nod to a commodities allocation which director of total portfolio investments John Greaves believes is a hedge to inflation and uncertain central bank policies.  

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January 20, 2026

UK investor group forms to highlight the importance of good governance

A group of UK pension funds have formed a new pressure group, the Governance for Growth Investor Campaign, to boost oversight of the companies in which they invest, warning that the British government’s sweeping overhaul of listing rules has watered down longstanding shareholder rights.

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July 22, 2025

Railpen talks risks and opportunities in trade upheaval

Investing in currencies and long short equity strategies are two of the opportunities that the UK’s £34 billion Railpen has been exploring in the current volatile environment.

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June 10, 2025

Investors brace for volatility as tariffs spark global reckoning

The investors which will do well in times of market volatility will have the ability to do extensive, forward-looking scenario analysis, move assets tactically and dynamically and have liquidity. Top1000funds.com looks at investor reactions to tariff-induced market volatility.

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April 09, 2025

Asset owners prepare portfolios for a brave new world

As waves of geopolitical risk and economic protectionism roil global markets, asset owners are beginning to realise that tomorrow will look very different from today. But the big question is what they can do about it.

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Railpen urges all investors to elevate cyber security

The growing threat of cyberattacks at portfolio companies - from the growth in AI, IT skill shortages and geopolitics - is viewed as a key risk at the £34 billion Railpen. The investor outlines how other asset owners and managers can engage on the issue.

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February 18, 2025

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