PPF appoints new credit head

The £29.6 billion pension fund hired a new credit head to consolidate its in-house investment capacity.

Pension Protection Fund (PPF) tapped Purna Bhudia as its new Head of Credit.

Bhudia will handle the design and implementation of PPF’s credit operating model as well as further grow the sterling investment grade credit capabilities.

The appointment is one of the recent steps that brings PPF’s investment management to in-house and delivers returns comparable to that by external managers.

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