Update: Temasek confirms hedge fund plans
Charles Ong, chief strategist and former CIO at Temasek, will lead what could become Asia's biggest hedge-fund platform.
Singapore government investment fund Temasek Holdings has confirmed the existence of Seatown Holdings, a wholly owned investment subsidiary.
Charles Ong has been appointed its CEO. There is already a core staff seconded from Temasek and Seatown intends to build this from external hires, says a Temasek spokesperson.
Ong is senior managing director at Temasek and its chief strategist. He joined in 2002 and has worked as an investment banker at Lazard Freres in New York and Deutsche Ba…
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