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PPF, L&G and Railpen bolster internal investment teams

Appointments come as institutions continue to drop external managers in favour of making their own investments

L&G and RailPen are based in the City
L&G and RailPen are based in the City

Three of the UK’s largest institutions have added to their in-house teams, as financial firms continue to drop external managers in favour of making their own investments.

The Pension Protection Fund, Legal & General Capital and RPMI Railpen have all made new appointments.

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