The SOFAZ (State Oil Fund of Azerbaijan) announces the new composition of its investment portfolio

The State Oil Fund of Azerbaijan (SOFAZ) has disclosed the new composition of its investment portfolio as of the end of September 2024. According to information posted on the Fund’s website, the portfolio is valued at $60,190.8 million USD. Of this, 67% is held in U.S. dollars. The portfolio's allocation includes 20.3% in euros, 5.1% in British pounds sterling, 2.6% in Chinese yuan, 1.4% in Japanese yen, and 3.6% in other foreign...

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