Guan Ong launches Blue Rice credit hedge strategy

Singapore-based Blue Rice Investment Management (Brim) has launched its inaugural absolute-return strategy, the Brim Asian Credit Fund. Brim is the creation of Guan Ong, who moved to Singapore last year after fulfilling his three-year role as the founding chief investment officer of the Korea Investment Corporation. Before that, he had served as CIO at Prudential Financial's investment trust in Seoul. As CEO, Ong leads a six-person team consisting of two investment professionals, tw…