Pedro Guazo, Representative of the Secretary-General for the investment of the assets of the United Nations Joint Staff Pension Fund (UNJSPF), delivered the keynote address at the 11th Annual Tri-State Institutional Forum held last month.

This closed-door and invitation-only conference convened high level executives from pension funds, insurance companies, foundations, endowments, hospital plans, sovereign wealth funds, and consultants.

In his opening remarks, Mr. Guazo emphasized the future-focused investment strategy of the UN Pension Fund. “We manage a portfolio of USD $90 billion and when you are a long-term investor like us, investment decisions and objectives target 50 years or generations to come,“ he said.

“We believe that it is important to create an asset allocation that contributes and is aligned with your goals. By building a portfolio based on clear goals, expectations and metrics, you will be equipped to weather good times and bad times despite market challenges, “he added.

Some of the key takeaways from Mr. Guazo’s remarks included investment strategies and risk analysis, artificial intelligence’s impact on investment portfolios and ESG (environmental, social, and governance) investing considerations. Other topics of discussion at the conference included asset allocation, equity markets, fixed income, alternative investments, as well as the outlook of the financial markets and the global economy.