Tag Archives: State Oil Fund

Azerbaijan launches investment offensive as cheap oil looms

Posted on 31st Oct 2016 by energylegalnews

The State Oil Fund of Azerbaijan aims to soon lift its cap on investment in stocks to 25% better known as Sofaz, it is looking to take on more risk, according to Deputy CEO Israfil Mammadov. The fund aims to soon lift its cap on investment in stocks, including private equity, from 15% to 25%, Mammadov recently told The Nikkei Veritas. Sofaz had $33.7 billion in assets under management at the end of June, of which bonds and short-term financial instruments made up roughly 80%.

Sourced through Scoop.it from: vestnikkavkaza.net

International corporate law firm, Istanbul Turkey. 

Continue reading →

Posted in Electricity Distribution Turkey, Electricity Market, Electricity Market Turkey, energy contacts, Energy Exchange, Energy Finance, Energy Law, Energy Project Investment, Energy Projects Turkey, Energy Trading, EU Energy Projects, Gas & Oil, International Energy, International Energy Disputes, oil & gas, Renewable Energy, Russian Energy, Scoop.it, TANAP, Turkish Stream, Uncategorised, Wind Energy, Wind Farm Turkey | Tagged , , , , , , , , , , , , , , , , , , | Leave a comment