Bryan Yeo

Byran Yeo ascended to the role of group chief investment officer at Singapore-based GIC in April 2025. In taking over from longtime CIO Jeffrey Jaensubhakij, Yeo became the sovereign wealth fund’s second-in-command investment decision-maker.

Yeo now oversees GIC’s entire investment portfolio, which the Sovereign Wealth Fund Institute currently values at an estimated $1.18 trillion in assets. GIC Private Limited is ranked the world’s fourth-largest sovereign wealth fund by the institute. 

Long before achieving the top spot under CEO Lim Chow Kiat, Yeo began at GIC as a portfolio manager in its fixed-income department. He arrived in 2003, carrying an engineering degree from the University of Cambridge and a master’s in financial math from the University of Chicago. Yeo’s succeeding years at GIC are chronicled through an impressive series of promotions — from portfolio manager to deputy head of fixed income, to head of credit markets, all the way up to deputy group chief investment officer.

Now, as group CIO, Yeo is at the forefront of a strategy pivot. GIC’s annual report, released in July, unveiled plans for a refreshed investment framework aimed at boosting active investing and flexibility. That pivot includes spreading investments across artificial intelligence and injecting an additional $30 billion into hedge funds, allocated over three years and focused on global macro, quantitative and multi-strategy managers. GIC has tripled its hedge fund investments globally over the past decade.

In the same July report, however, GIC shared its weakest long-run returns since 2020, with a 20-year annualised real rate of return of 3.4 percent, down from 3.8 percent the prior year. 

That doesn’t mean the fund hasn’t had an active year, however. In March, GIC announced the formation of a $1.6 billion industrial build-to-suit venture with Prologis. It made an equally large commitment to data centers across the Asia-Pacific region with the Abu Dhabi Investment Authority in September, and joined Brookfield Asset Management in December to buy Australian self-storage operator National Storage REIT for almost $4.5 billion.