By the end of the year in Azerbaijan may receive the first investment fund

The recently established brokerage company "Invest AZ" intends to establish in the second half of this year, the first in Azerbaijan Investment Fund. Turan was told the deputy director of "Invest AZ" Orhan Bagirov.

"Azerbaijan has matured very favorable investment climate for the development of the market share of capital, and we are determined to participate in this process," he said. The amount of capital investment fund and partner names have not been disclosed.

The company "Invest AZ" has a subsidiary in Turkey "Invest AZ Menkul Degerler AS", which is a member of the Istanbul Stock Exchange (ISE). It offers investors and companies to a whole range of services, both in the first and second level of the stock market for more than 10 financial instruments. On this platform, Azerbaijani companies can go for a listing of SWFs. "The work on the preparation of the educational project" Invest You "for young people and others seeking to test themselves on the capital markets. Will be scheduled and information campaigns, "concluded Bagirov.

The founder of the Company "Invest AZ" is a citizen of Azerbaijan Elshan Guliyev. About the size of the company's capital is not reported.

AR Law "On Investment Funds" came into force at the end of 2010. 08B