Economy

Meet the 30-Something Finance Whiz Now Running the Philippines' Sovereign Wealth Fund Investments

Tabloid PH Newsdesk

Feb 23, 2026 — 1 min read

Photo: Journal Online

The Maharlika Investment Corporation just put a relatively young gun in charge of where the Philippines' sovereign wealth fund money goes. Kheed Nielsen Ng has been named Chief Investment and Operating Officer of MIC, making him the principal technical authority on how the country's first-ever sovereign wealth fund deploys its capital.

Ng isn't exactly a rookie, though. Before joining MIC, he held senior investment roles at Canada Pension Plan Investments (CPPIB) — one of the world's largest pension funds — and Morningside Capital. Over his career, he's overseen roughly USD 2 billion in capital deployment across North America, Europe, and Asia, working in investment banking, private equity, and public markets.

MIC President and CEO Rafael Consing Jr. praised the appointment, saying Ng has "the strategic foresight and technical depth essential to driving MIC's investment mandate forward." As CIOO, Ng will oversee everything from investment strategy and portfolio construction to risk management and performance evaluation, all aligned with global sovereign wealth fund standards like the Santiago Principles.

The appointment was confirmed during MIC's Regular Board Meeting on February 12, 2026, under the authority granted by Republic Act No. 11954, which classifies the CIOO position as "Highly Technical." It comes as MIC ramps up investment activity, having recently pitched infrastructure, energy security, and digitalization projects to global investors at the World Economic Forum in Davos.

With the Maharlika Fund still in its early stages and under intense public scrutiny, Ng's track record of managing billions on a global stage could be exactly what MIC needs to build credibility — and actual returns.

Source: Journal Online

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