The move represents a show of confidence in Britain, which is rolling out a number of post-Brexit reforms to boost investment and regain ground lost to other financial centres
The Healthcare of Ontario Pension Plan , one of Canada’s largest pension funds, told Reuters it plans to open an office in London and expand its investment footprint in Britain.
A HOOPP spokesperson said the pension fund was planning to open a London office and added that it would share more information in due course. The $104-billion pension fund has briefed local officials – including the City of London Corporation that runs the British capital’s historic financial district – about the plans, a source with knowledge of the matter told Reuters.
London-based job recruiters see a growing trend of overseas pension funds setting up shop in Britain to grab talent and gain better access to local investments.
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