Sunday, October 13, 2019

Passblue: The $67 Billion UN Pension Fund: The Good, the Bad and the Ugly, October 10, 2019


"Since 2014, when staff members of the United Nations Pension Fund blew the whistle on serious mismanagement in its secretariat, a change in leadership has been made on both sides — assets and liabilities — of the $67.4 billion fund. Yet the turmoil persists.
Stabilizing the fund’s management and investment decisions has been mandated by General Assembly governance reforms that culminated in a 2018 resolution,A/RES/73/274, amid a continuing dysfunctional culture clouding the fund’s operations...."


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