Baku – APA-Economics. State Oil Fund of Azerbaijan Republic plans to invest in more risky and profitable financial instruments, said the SOFAZ Executive Director Shahmar Movsumov at the interview to New Azerbaijan Party’s site.
According to him, SOFAZ is at the final stage on drafting of proposals on diversification of investment portfolio to invest in more risky and profitable financial instruments, as well shares of companies, real estate.
Movsumov says he hopes that, newly-diversified investment strategy will be approved this year.
According to him, a part of SOFAZ funds is managed by foreign managers like Clariden Leu, Deutsche Bank and World Bank.
SOFAZ to invest in more risky and profitable financial instruments
13 July 2011 13:18 (UTC +04:00)
İDMAN XƏBƏR
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