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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Azerbaijan’s Oil Fund prefers to invest in Europe

Posted on 29 July 2009

From Abc.az: The State Oil Fund of Azerbaijan (SOFAZ) has obvious investment tendency in favor of Europe.

SOFAZ executive director Shahmar Movsumov says that following the first half of the year 55.06% of Funds investment portfolio was placed in Europe, 28.11% in North America, and 13.79% fell to the share of international financial institutions………Full Article: Source


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