Railpen establishes in-house trading capabilities

Railpen, which manages £31 billion of assets on behalf of the railway pension schemes, has announced plans to internalise its trading desk, which is expected to be operational over the summer. This follows substantial growth in Railpen’s trading activity over the past few years.

Tom O’Kelly has joined Railpen as Head Trader reporting to Rachit Sharma, Investment Director who oversees Railpen’s execution arrangements. Tom has a strong background in multi-asset trading, having spent 11 years at Dalton Strategic Partnership, followed by periods at Balyasny Asset Management and, most recently, Santander Asset Management.