Great Eastern Holdings

The Group CEO — currently Greg Hingston, appointed in November 2024 — holds ultimate responsibility for the firm's investment strategy and asset allocation. The investment team operates internally, managing the general account without external sub-advisors. Prior to Hingston, Khor Hock Seng led the group until his retirement in October 2024.

As an insurance asset owner with a permanent capital base, Great Eastern sources deals through internal origination and longstanding regional relationships rather than formal fundraising cycles. The firm participates in secondaries transactions and private credit opportunities across Asia, leveraging its OCBC parentage and Singapore-based network. It does not operate as a fund manager open to third-party capital, which gives it flexibility to hold assets for extended periods.

Oversea-Chinese Banking Corporation (OCBC) owns approximately 93.7% of Great Eastern Holdings, making it a majority-owned subsidiary within one of Southeast Asia's largest banking groups. This parentage provides a stable capital base and access to OCBC's regional footprint, but Great Eastern operates with its own management team and investment committee. The structure effectively gives OCBC an in-house insurance platform across Singapore and Malaysia.

The portfolio spans private secondaries, private credit, direct commercial real estate, green bonds, and gold-linked funds. Real estate assets are concentrated in Singapore and Kuala Lumpur, with confirmed holdings including Great Eastern Centre, Menara Great Eastern, and an industrial asset at the Airmail Transit Centre. The Green Bonds Portfolio targets global climate-aligned issuers via the fixed-income book.

Yes, the firm operates Great Eastern Cares, a corporate social responsibility platform that coordinates charitable initiatives across the group. It also maintains a corporate partnership with National Gallery Singapore. These activities are structurally separate from the investment operations but reflect the firm's long-standing presence in the community as a major Singaporean institution.

Great Eastern is regulated as an insurance company by the Monetary Authority of Singapore, and its investment assets are embedded within the general account serving policyholder liabilities. The firm does not publicly disclose a standalone AUM figure in the manner of a fund manager, as its balance sheet assets are reported under insurance accounting standards. Transparency is limited to what appears in statutory filings.

The firm operates a dedicated Green Bonds Portfolio targeting global issuers with proceeds directed toward environmental projects. It is also a member of the Asia Investor Group on Climate Change (AIGCC), reflecting participation in regional decarbonisation initiatives. These commitments sit alongside its traditional real estate and credit allocations rather than replacing them, suggesting an incremental integration of climate considerations.