UN Pension Fund: Is (OIM) Investment Transparency Improving? by Michelle Rockcliffe. 18 July 2022

  

Michelle Rockcliffe

July 18   · 

IS OIM TRANSPARENCY IMPROVING?

At last! Today 18 July the UNJSPF front page was updated from reporting that the Market Value (MV) of the Fund was $ 91 Billion which was the value on 31st December 2021.

https://www.unjspf.org/?fbclid=IwAR1nI4xd3vimOospLRUCBrR074CnLukWCw5g9oRrvo_t8B5zX2lOmaqisr4

But still the MV currently displayed is $87 billion, the approximate value on 31 March 2022. Just wondering why the value wasn’t updated to $78 billion – which is the value as of 30 June 2022 according to the Investments page.

https://www.unjspf.org/the-fund/historical-fund-performance/?fbclid=IwAR18Uz1AMgiU36YpUCcPUoe0-2xqg4V29PfazVcYsUTJQolOTQOgGDBkYLM

At the writing of this post, while the display shows Investment Performance Versus Benchmark by Asset Class as of 31 March 2022 –clicking on the “Chart Data” reveals that the underlying data is as of September 2021.

Are we – the beneficiaries/shareholders- supposed to be satisfied with empty assurances that belie the actual information being posted?

Isn’t it time for the lack of transparency in our UNJSPF to be corrected? The promises began more than 2 years ago.