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Percy Wong

Head, Systematic Investment Group at GIC

Percy Wong was the former Head of the Systematic Investment Group (SIG) at GIC, Singapore's sovereign wealth fund.13 He joined GIC in 2012 after working as a banker at Goldman Sachs Group Inc.1 Wong led the SIG, a core quantitative unit established in 2016, which focused on multi-asset quantitative investment strategies.3

As of January 2025, Wong is no longer with GIC. The company has scaled back the SIG unit as part of a "tough" overhaul of its investment teams.1 This reorganization resulted in some team members being reassigned to different units, while others left to join external quant firms.1

During his tenure at GIC, Wong was involved in recruiting for the SIG team, as evidenced by job postings he shared for positions such as Associate/VP Quantitative Strategist and Quantitative Developer.24 His LinkedIn profile indicates he has a background in finance and investing, and he studied at The University of Chicago Booth School of Business.3

Highlights

Jul 28 · The Straits Times
GIC cuts key quant unit in 'tough' overhaul of investment teams - The Straits Times
GIC cuts key quant unit in 'tough' overhaul of investment teams - The Straits Times
Jul 28 · Tech in Asia
In 50 Words: GIC scales back quantitative unit after poor performance - Tech in Asia

Related Questions

What was Percy Wong's role at Goldman Sachs before joining GIC?
How did Percy Wong's leadership impact the Systematic Investment Group at GIC?
What are the main reasons for the reorganization of the Systematic Investment Group at GIC?
How has the performance of the Systematic Investment Group at GIC been under Percy Wong's leadership?
What are the future plans for the Systematic Investment Group at GIC after Percy Wong's departure?
Percy Wong
Percy Wong, photo 1
Percy Wong, photo 2
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Location

Singapore