PSP Investments
PSP Investments manages pension funds for various Canadian federal services, achieving a 4.4% return in fiscal year 2023 with net assets growing to $243.7 billion.
Services
PSP Investments manages funds specifically for the pension plans of the Canadian federal Public Service, the Canadian Forces, the Royal Canadian Mounted Police, and the Reserve Force. Their professional management approach involves a diverse portfolio across various asset classes, ensuring they meet the long-term investment needs of these plans.
Financial Performance
In the fiscal year 2023, PSP Investments achieved a return of 4.4%. Their net assets under management grew to $243.7 billion as of March 31, 2023. This performance demonstrates their effective management strategies and robust investment portfolio.
Investment Portfolio
PSP Investments invests across multiple asset classes, including Capital Markets, Real Estate, Private Equity, Infrastructure, Credit Investments, and Natural Resources. This diversified approach helps in managing risk and maximizing returns for their stakeholders.
Sustainability Initiatives
PSP Investments launched a Climate Strategy Roadmap in April 2022 to address climate change risks and opportunities within their portfolio. Moreover, they published a Sustainable Investment Report in 2023, highlighting the progress on their sustainability priorities. They also issued a Green Bond Framework in February 2022 to support environmentally sustainable projects.
Global Operations
PSP Investments operates out of global offices located in Montreal, New York, London, and Hong Kong. This international presence helps them leverage global opportunities and expertise to better manage and grow their investment portfolio.