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Sovereign Wealth Funds Briefing - Categorized | Performance

Azerbaijan State Oil Fund grows to $14.8 bln in 2009

Posted on 27 January 2010

From Energia.gr: The assets of energy-rich Azerbaijan ’s state oil fund rose by nearly a third in 2009 to $14.8 billion, the fund said in a statement Tuesday.

But after nearly quadrupling its assets in 2008, the sovereign wealth fund’s growth slowed considerably to 32.8% amid the global economic downturn last year………………….Full Article: Source

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