Canada’s PSP names CIO amid peer push into Asia
The $118 billion pension fund has made the hire as it closes in on opening an office in Hong Kong or Singapore, with other North American asset owners making similar moves.
Canada’s Public Sector Pension Investment Board (PSP Investments) has hired an executive with strong international experience as its new chief investment officer, which should prove useful given its plan to put its first office in Asia this year.
Eduard van Gelderen started as CIO at the $153 billiion ($118 billion) fund yesterday (July 30). He previously worked as a senior managing director on the investment team at the University of California’s $110 billion endowment fund and b…
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