U.N. Pension Interested In Alternatives

Feb 8 2008 | 9:32am ET

Interest in the alternative investment space is indeed reaching far and wide.

The United Nations Joint Staff Pension Fund has issued a request for consultancy services regarding the possible addition of alternative asset classes to its portfolio.

The fund is looking for consultants to prepare a report by April 30 describing the characteristics of each of the alternative asset classes held by comparable global pensions, superannuation funds and endowments. The report will analyze a full range of alternative investments including private equity, distressed debt, hedge fund, commodity and currency offerings.

The report is also expected to review and quantify the potential contribution of each asset class to reducing the degree of correlation of the portfolio to global equity market indices and to reducing the exposure of the fund to systematic risk.

In addition, consultants will be asked to advise the fund on suitable alternative investments.

Additional details on the fund’s request are available at the U.N. Web site.

In Depth

Financial Industry Blockchain Consortium R3 To Open-Source Platform Code

Oct 20 2016 | 9:03pm ET

Bitcoin's blockchain technology has spawned a flurry of activity among fintech startups...


U.S. Trust's Beard: The Rapid Growth of the Art Lending Industry

Oct 7 2016 | 10:55pm ET

Alternative investment managers have emerged as some of the most significant art...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...