Baku 25° C
https://images.report.az/photo/f7945578-e8fd-3259-8d4d-375015387e03.jpg
From 2025, the investment portfolio structure of the State Oil Fund of Azerbaijan (SOFAZ) has been changed, Toghrul Rahimbayli, head of the Asset Allocation, Risk and Performance at SOFAZ Risk Management Department, said at a media briefing on investment results for 2024 and prospects for 2025, Report informs.
He noted that following these changes in SOFAZ's investment portfolio structure, the share of investments in bonds has been reduced by 10 percentage points (pp) to 40%.
Rahimbayli added that the share of investments in stocks has increased by 3 pp to 25%, in real estate by 3 pp to 10%, and the share of gold will reach 25% (+4 pp).
He noted that from 2025, in the currency structure of the fund's investment portfolio, the share of US dollar, gold, euro and British pound will be at least 85%, while other currencies will account for 15%.
