Oil fund significantly expanded geography of placement of assets
SOFAZ has bought assets in Africa and South America.
SOFAZ report reads that by October 1, 2013 0.01% of assets of the SOFAZ investment portfolio fell to Africa and 5.02% to South America. Before that these continents were not included into the geographic zone of interests of the Oil Fund.
By the end of quarter 3, 2013, 58.89% of SOFAZ investment portfolio fell to Europe, 16.88% to North America, 9.95% to the Asian and Pacific region and another 1.45% to the Near East.
7.8% of the Oil Fund’s portfolio is controlled by the international financial organizations.
At present SOFAZ assets total $35,809,200,000.—0-
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- Telecomnews
- 6 November 2013 05:23
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- Politics
- 6 November 2013 10:37
Economics
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