| The State Oil Fund of Azerbaijan (SOFAZ) attracts managers for passive management of portfolio, SOFAZ said on Monday. MSCI World index has been adopted as a "benchmark" for the proposed portfolio of shares.
Investment managers (of a company) must meet the following requirements: to have before December 31, 2011 experience in managing stocks for a period not less than five years; have means worth at least $50 billion, indexed for the company's management of passive index of; must register under the investment advisers act of 1940 or in accordance with the laws of other countries where they..............................................Full Article: Source
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