Temasek Starts Global Investment Company Seatown, Names Ong CEO

Temasek Holdings has set up a wholly owned global investment company, Seatown Holdings, run by its chief strategist Charles Ong that will employ a variety of strategies investing in assets ranging from stocks to bonds. SMU Associate Professor Melvyn Teo, who is Director of the BNP Paribas Hedge Fund Centre at the University, notes that hedge funds would give Temasek a lot of flexibility in terms of the investment strategies.