UK – Railpen Investments, the fund manager of UK’s rail industry pension schemes, has restructured and made two additions to its investment and actuarial team.

Brendan Reville has been appointed to the new position of head of investment manager monitoring and research. Prior to joining Railpen this week, he was an investment director at Gissings, investment and actuarial advisers.

Reville will report to Chris Hitchen, managing director. Bruce Marsden has also been hired as an actuarial manager, taking the team of actuaries to three.

Railpen Investments manages around 12 billion pounds in pension fund assets.