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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Over 67pct of Azerbaijan Oil Fund’s investments placed in Europe

Posted on 26 July 2011

The State Oil Fund of Azerbaijan (SOFAZ) gives preference to investments in Europe. The SOFAZ reports as of 1 July 67.11% of its investments will be carried out in Europe. North America accounts for 13.99% of investments, developing countries for 7.6% and international financial institutions for 6.11%.
SOFAZ investment portfolio exceeded $30.348 bn or 99.97% of assets (over $30.357 bn) by the reported date. ………………………………………Full Article: Source

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