UN Pension Considering Hedge Funds Of Funds Investment

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The United Nations pension fund is considering branching out into more alternative assets according to a request for expressions of interest that was posted on Friday, asking for bids from investment banks that are interested in providing the UN University Endowment Fund (UNUEF) Global Custody and Master Record Keeping services. This could be related to accusations of fraud, undisclosed conflicts of interest, and avoiding oversight made against the United Nations Joint Staff Pension Fund (UNJSPF) earlier this year. UN pension fund considering hedge fund of funds and other alts While the tender is asking for help with the endowment fund…

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