PSP Investments to expand London operations: Reuters

Public Sector Pension Investment Board (PSP Investments), one of Canada's largest pension investment managers, said it planned to expand its London operations, hiring staff and boosting investments, Reuters reported. PSP, which manages $125.8 billion across a range of markets, said it would increase staffing in London to 40 from 28 over the next 12 months. It opened the office in 2015. The team will focus on private equity, private debt, infrastructure and real estate, PSP said, and help it to boost investments across Europe by 20-30 percent over the next five years.

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