Azerbaijan places most of its investments in Europe
13.10.2016

The State Oil Fund of Azerbaijan (SOFAZ) has unveiled the classification of its investment portfolio by geographical regions.
According to the fund, today 41.6 percent of portfolio is placed in Europe, 27.3 percent in Asian Pacific and 24.1 percent in North America.
In addition, 3.9 percent of SOFAZ shares are placed in Australia/New Zealand, 0.1 percent in South Africa, 0.4 percent in Middle East, 2.6 percent in international financial institutions.
As of October 1, 2016, the Fund's assets rose by 6.7 percent over the beginning of 2016 ($33,574.1bn) to settle at $35,822.1bn).

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