29.07.2009 - Azerbaijan’s Oil Fund prefers to invest in Europe
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