Russell Investments Canada Names Director of Institutional Investment Solutions

August 12, 2010 ( - Russell Investments Canada announced that John Formusa has been appointed Director of Institutional Investment Solutions.

In this new role, Formusa will be responsible for supporting the services offered to Canadian plan sponsors and other institutional investors on an array of investment strategies and solutions, including implementation services, managed investments, and risk management. Formusa will be based in Russell’s Toronto office and will work with Russell’s Canadian Institutional Solutions team.  

According to the announcement, most recently, Formusa was Vice President, Pension Fund, at Hydro One Inc, playing a pivotal role in establishing the Hydro One Pension Plan, including implementation of the plan’s governance structure and investment manager selection process. Formusa also previously worked at Metropolitan Life Insurance Company (later Clarica Life), where he managed a $150 million portfolio of diversified real estate assets on behalf of pension plan investors.  

Russell Investments Canada is online at