The Investment Management Service is responsible for the day to day management of the assets of the Fund and for the maintenance of detailed accounts of all investments and other transactions relating to the Fund.

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

The office is also responsible for the issuance of all reports of the Investment Management Service to the governing United Nations committees and the Investments Committee.

The office of the Director is responsible for the overall operations of the Investment Management Service.

(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)

Note Data for 1981 1985 refer to direct investments abroad (D1), which are the amount of paid up shares of overseas subsidiaries and associates held by companies in Singapore.

It is expected that this will bring new efficiencies to the operational and accounting processes and procedures of the Investment Management Service.

Its length shall be a cubit, and its breadth a cubit. It shall be square, and its height shall be two cubits. Its horns shall be of one piece with it.

A cubit shall be the length thereof, and a cubit the breadth thereof foursquare shall it be and two cubits shall be the height thereof the horns thereof shall be of the same.

You shall measure outside of the city for the east side two thousand cubits, and for the south side two thousand cubits, and for the west side two thousand cubits, and for the north side two thousand cubits, the city being in the midst. This shall be to them the suburbs of the cities.

And ye shall measure from without the city on the east side two thousand cubits, and on the south side two thousand cubits, and on the west side two thousand cubits, and on the north side two thousand cubits and the city shall be in the midst this shall be to them the suburbs of the cities.

The mouth of it within the capital and above was a cubit and its mouth was round after the work of a pedestal, a cubit and a half and also on its mouth were engravings, and their panels were foursquare, not round.

These are the measures of the altar by cubits (the cubit is a cubit and a handbreadth) the bottom shall be a cubit, and the breadth a cubit, and its border around its edge a span and this shall be the base of the altar.

And the mouth of it within the chapiter and above was a cubit but the mouth thereof was round after the work of the base, a cubit and an half and also upon the mouth of it were gravings with their borders, foursquare, not round.

And these are the measures of the altar after the cubits The cubit is a cubit and an hand breadth even the bottom shall be a cubit, and the breadth a cubit, and the border thereof by the edge thereof round about shall be a span and this shall be the higher place of the altar.

You shall make a table of acacia wood. Two cubits shall be its length, and a cubit its breadth, and one and a half cubits its height.

He made the table of acacia wood. Its length was two cubits, and its breadth was a cubit, and its height was a cubit and a half.

He measured the court, one hundred cubits long, and a hundred cubits broad, foursquare and the altar was before the house.

Thou shalt also make a table of shittim wood two cubits shall be the length thereof, and a cubit the breadth thereof, and a cubit and a half the height thereof.

And he made the table of shittim wood two cubits was the length thereof, and a cubit the breadth thereof, and a cubit and a half the height thereof

So he measured the court, an hundred cubits long, and an hundred cubits broad, foursquare and the altar that was before the house.

(e) The new investment officer will be specialized in alternative asset management, the skills for which significantly differ from those for conventional portfolio management.

So he measured the house, one hundred cubits long and the separate place, and the building, with its walls, one hundred cubits long

So he measured the house, an hundred cubits long and the separate place, and the building, with the walls thereof, an hundred cubits long

There were four tables for the burnt offering, of cut stone, a cubit and a half long, and a cubit and a half broad, and one cubit high whereupon they laid the instruments with which they killed the burnt offering and the sacrifice.

And the four tables were of hewn stone for the burnt offering, of a cubit and an half long, and a cubit and an half broad, and one cubit high whereupon also they laid the instruments wherewith they slew the burnt offering and the sacrifice.

They shall make an ark of acacia wood. Its length shall be two and a half cubits, its breadth a cubit and a half, and a cubit and a half its height.

The four wheels were underneath the panels and the axles of the wheels were in the base and the height of a wheel was a cubit and half a cubit.

And they shall make an ark of shittim wood two cubits and a half shall be the length thereof, and a cubit and a half the breadth thereof, and a cubit and a half the height thereof.

And under the borders were four wheels and the axletrees of the wheels were joined to the base and the height of a wheel was a cubit and a half a cubit.

(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

Bezalel made the ark of acacia wood. Its length was two and a half cubits, and its breadth a cubit and a half, and a cubit and a half its height.

And Bezaleel made the ark of shittim wood two cubits and a half was the length of it, and a cubit and a half the breadth of it, and a cubit and a half the height of it

10. Calls upon the Investment Management Service to expeditiously implement the recommendations of the Board of Auditors with regard to the determination of the level of tolerance for risk, improvement in internal review of performance and the trade order management system

(g) It is important to have a function within the Investment Management Service that will play an independent liaison role in the Fund's governance structure in regard to compliance issues.

(a) The increasing complexity of the market and operational environment has made it imperative for investment management organizations to build a strong compliance monitoring capability

(f) Compliance processes are needed for monitoring the adherence of advisers and service providers to the standards of the Investment Management Service

He made the altar of incense of acacia wood. It was square its length was a cubit, and its breadth a cubit. Its height was two cubits. Its horns were of one piece with it.

And he made the incense altar of shittim wood the length of it was a cubit, and the breadth of it a cubit it was foursquare and two cubits was the height of it the horns thereof were of the same.

Implementation of the recommendations of the Office of Internal Oversight Services on the Investment Management Service of the United Nations Joint Staff Pension Fund

Historically, the increase of the Fund's value and the speed of the evolution of the market environment have outpaced the build up of investment and operational capability in the Investment Management Service.

Moreover, the Operations Section maintains the budget of the Investment Management Service, monitoring expenditures against budget allocations and processing payments.

There is a need for technical engineers with a financial background in order to ensure that best practices are followed in the area of investment management

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

The Investment Management Service of the Fund stated that it would request the necessary resources in the budget for the 2006 2007 biennium.