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Canadian pension fund targets more ‘boots on the ground’ after London office launch

Michael Wissell, CIO of the Healthcare of Ontario Pen­sion Plan, says opening a London office will help $113bn scheme get closer to deal opportunities in Europe

By David Ricketts
HOOPP’s London office comes after another one of Canada’s biggest pension plans, British Columbia Investment Management Corporation, opened an outpost in the UK last year
HOOPP’s London office comes after another one of Canada’s biggest pension plans, British Columbia Investment Management Corporation, opened an outpost in the UK last year Photo: Getty Images

One of Canada’s major pension plans is set to boost its business in the UK in a vote of confidence for London as a global financial centre.

The Healthcare of Ontario Pen­sion Plan will add to its UK staff as it makes a fresh push into private markets, its chief investment officer told Financial News.

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