Europe - Developed Markets Equity

Europe Investment team internally actively manages the Europe equity portfolio by investing in an investment universe from the MSCI Europe Index. The aim is to contribute positively to the total performance of the UNJSPF, without undue risk, measured over long term. All investments must broadly conform to the investment policy criteria of safety, profitability, liquidity and convertibility. Investment policy of the IMD prohibits investments in the tobacco industry and in companies manufacturing weapons of mass destruction.

In addition to the internally managed portfolio, IMD selectively engages external fund managers executing specialty investment mandates (i.e., small capitalization investment strategies).

The investment team works closely with the risk and compliance group to ensure conformity with risk budgets, risk corridors and policy considerations.