Who We Are

The Office of Investment Management (OIM) is responsible for managing the investments for the United Nations Joint Staff Pension Fund, a fund established by the General Assembly of the United Nations to provide retirement, death, disability and related benefits for the staff of the United Nations and the other organizations admitted to membership in the Fund.

Investments at A Glance

The Fund invests in various asset classes such as global public equities, bonds, real estates, private equities, infrastructure, timber and agricultural lands and cash and short-term securities. The Fund mitigates risks through diversification in asset classes, geographical regions/countries, currencies, sector/industry, securities, investment strategies, and market capitalizations.

How We Invest

The Representative of the Secretary-General (RSG) has been delegated the responsibility and authority to act on behalf of the Secretary General in all matters relating to the investment of the assets of the Fund. The RSG is assisted by the Office of Investment Management (OIM). Investments must, at the time of initial review, meet the criteria of safety, profitability, liquidity and convertibility.

Sustainable Investing

As a signatory to the United Nations’ Principles of Responsible Investing or PRI since 2006, the Office of Investment Management (OIM) incorporates Environmental, Social, and Governance (ESG) considerations throughout the investment decision-making process for all asset classes.

Risk Management

Identifying, measuring and managing all aspects of risks to which the Fund is exposed is the primary responsibility of our Risk Management and Compliance department, along with implementing key compliance measures such as adequate monitoring and control processes covering the Fund’s investments.

Long-Term Return Objective

HOW WE INVEST

Long-Term Return Objective

The Fund’s Long-Term Return Objective is to earn the highest possible investment return consistent with the Fund’s risk appetite, so as to deliver an investment return that at least meets over the long-term (i.e. over 15 year periods and longer) the Fund’s assumed real rate of return (i.e. the annual percentage return realized on an investment, which is adjusted for changes in prices due to inflation or other external effects) objective, which currently is 3.5% in US Dollars.