Investment Management 32

Audit of the Investment Management Service investment performance measurement system

Integrated global management

Integrated global management

Office of the Director, Investment Management Service

Office of the Director, Investment Management Service

Recommendations 7 (a) and (d) Investment management

(a) Integrated global management

(a) Integrated global management

Table 25 History of the Investment Management Service

Mr. H. L. Ouma, Chief, Investment Management Service

Figure 18 Cost of management of the Fund's portfolio by the Investment Management Service

Funds drawn from the investment management companies was 26,350,000.

These comprise investment in deposits, bonds and equities managed by the United Nations Investment Management Service.

Global audit of field security management

Global audit of field security management

But it would be more accurate to say that there is global investment shortfall, with investment trending downwards despite the upward trend in global growth.

From global management consultant to elephant handler.

Currently, the investment section has six investment officers who cover global equity markets and fixed income investments.

The UNHCR Treasury makes the decisions on investment and cash management.

(e) On the cost side, the investment cost of management improvements.

Further refine the global management of the calendar

The total investment in management reform measures recorded in 2004 was 3,386,366.

As regards the investment decision making process, some members of the Board suggested that there should be more than one investment adviser, and that the management of the investments should be entrusted to external investment managers who would be under the supervision of the Investment Management Service.

The backbone of making investment decisions for global holders of capital.

The low costs of finance facilitated global investment, thereby contributing to the acceleration of global growth in 2004.

Management would come from a new global nuclear organization.

WHO (2004) Global strategic framework for integrated vector management.

The Galileo inventory management system tracks global peacekeeping assets.

Global audit of field security management (A 59 702)

(b) To review the procedures and operating methods of the Investment Management Service

(b) Develop, administer and maintain system interface with investment advisers, custodians, bankers and all related financial institutions, and maintain the infrastructure and portfolio management and operational systems of the Investment Management Service

The Secretary General, through the Investment Management Service, continued to search for investment opportunities in developing countries during the year under review.

Although such investment has recently increased, returning to 2001 levels, it represents only 3 per cent of global foreign investment flows.

(c) Enhancement of the Investment Management Service through the addition of five new posts, indexed management costs, including the costs of transition management services, and consultant costs

Globalization has generated a new global market, but also global risks that beg for collective management.

Implement a full segregation of duties on investment and cash management decisions (para. 89)

(c) Improving the efficiency and flexibility of the Investment Management Service in adopting new investment approaches requires a stronger and more sophisticated infrastructure.

Global audit of field security management (continued) (A 59 702)

(d) In view of the size and diversification of the investment portfolio, the Investment Management Service should increase the number of investment managers or review the possibility of hiring additional discretionary investment advisers (AS2001 95 1 14)

(f) Implement a full segregation of duties on investment and cash management decisions (para. 89)

The project will assist the Investment Management Service in mitigating exposure to various risk factors.

Investment cost describes the resources invested in implementing management improvement measures during the reporting year.

9. The shortage of global savings in relation to the requirements for global investment has emerged as a major policy issue.

Global investment in renewable energy not including hydropower amounted to 50 billion in 2003.