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GIC Cuts Key Quant Unit in 'Tough' Overhaul of Investment Teams

(Bloomberg) Singapore sovereign wealth fund GIC Pte has scaled back a core quantitative unit set up in 2016 under former Goldman Sachs Group Inc. banker Percy Wong, following a “tough” internal rethink of its investment teams and strategies.Most Read from BloombergSubway Offers Free Sandwiches That Come With a Lifetime CommitmentLargest US Grid Declares Emergency Alert For July 27US 10-Year Yield Hits 4% as BOJ Worry Lifts Yen: Markets WrapFed Raises Interest Rates to 22-Year High, Leaves Doo ....

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GIC cuts key quant unit in 'tough' overhaul of investment teams

The Systematic Investment Group had underperformed some of its peers within GIC, according to sources. Read more at straitstimes.com. ....

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Revelio Labs Raises $4.0M in Seed Funding

Revelio Labs Raises $4.0M in Seed Funding
finsmes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finsmes.com Daily Mail and Mail on Sunday newspapers.

Ben Zweig , Jeremy Baksht , Revelio Labs , Boxone Ventures , Dataframe Ventures , Michael Recce , பென் ஸ்வைக் ,

Revelio Labs Secures $4.0 Million in Seed Funding

Revelio Labs Secures $4.0 Million in Seed Funding
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.

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