Mon, Sep 22, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Asset Allocation, Financials, Performance

Azerbaijan’s Oil Fund expects to earn $6 bln a year from asset management

Posted on 04 November 2010

From Abc.az: The State Oil Fund of Azerbaijan (SOFAZ) expects that in 15 years its annual earnings from assets management will be at the level of its current transfers to the State Budget.
Fund’s executive director Shahmar Movsumov says that with a minimum asset placement profitability of 5% they can reach the level of assets management income of $6 billion a year in 15 years……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 14784 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
September 2014
M T W T F S S
« Aug    
1234567
891011121314
15161718192021
22232425262728
2930