RPMI Railpen to employ Axioma's Portfolio Optimizer
August 8, 2017

Axioma, a provider of enterprise market risk and portfolio management solutions, has entered into an agreement with RPMI Railpen (Railpen) to supply its portfolio optimization solution. Railpen is the investment manager for the Railways Pension Scheme, one of the UK's largest and longest established pension funds. Railpen will use†Axioma Portfolio Optimizer to model portfolios and risk tolerance and so enhance investment decision making.†

Tony Guida, Senior Investment Manager at Railpen, said: "For our in-house quant equity strategies we use several proprietary data and optimization models. We needed an optimizer that can be integrated into our framework and that we can call using open source language.

"The Axioma Optimizer is central to our research and portfolio construction, the conception and the design of the library is perfectly suited for a hybrid set-up and allows us to improve our optimization models for quant equities."

Railpen is responsible for the investment of around £27 billion on behalf of the scheme's 350,000 members.





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Axioma, a provider of enterprise market risk and portfolio management solutions, has entered into an agreement with RPMI Railpen (Railpen) to supply its portfolio optimization solution. Railpen is the investment manager for the Railways Pension Scheme, one of the UK's largest and longest established pension funds. Railpen will use†Axioma Portfolio Optimizer to model portfolios and risk tolerance and so enhance investment decision making.†

Tony Guida, Senior Investment Manager at Railpen, said: "For our in-house quant equity strategies we use several proprietary data and optimization models. We needed an optimizer that can be integrated into our framework and that we can call using open source language.

"The Axioma Optimizer is central to our research and portfolio construction, the conception and the design of the library is perfectly suited for a hybrid set-up and allows us to improve our optimization models for quant equities."

Railpen is responsible for the investment of around £27 billion on behalf of the scheme's 350,000 members.



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