How the CEO of the $243.7-billion PSP Investments pension fund is navigating tumultuous markets

no0608pspPension veteran Deborah Orida took over as CEO of the Public Sector Pension Investment Board (PSP Investments) in the middle of a tumultuous year for markets. Our strategy (has been) to diversify beyond public markets into private asset classes, some of which have performed very well this year, as well as to expand internationally. FP: How did PSP benefit from currency exposure and areas such as infrastructure and private markets, which have outperformed public markets, stocks and bonds? DO: Our private credit franchise is another one that I’m proud of. Specifically, I think that the capabilities that we have in interesting markets like private credit, like natural resources and our platform strategy in infrastructure are real competitive advantages for us.