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04.11.2016 18:20

SOFAZ becomes 4th sovereign wealth fund

The State Oil Fund of Azerbaijan (SOFAZ) has got in worlds Top 5 on ranking Sovereign Wealth Fund Transparency & Accountability, made by PIIE (Peterson Institute for International Economics).

SOFAZ reports that the PIIE survey covered 60 sovereign wealth funds with scale from zero to 100.

Following sovereign wealth funds made it to the top five in the Scoreboard: Norway Government Pension Fund (1st place with score of 98), New Zealand Superannuation Fund (2nd place; 94), Permanent Wyoming Mineral Trust Fund, United States (3rd place; 93), SOFAZ (4th place; 92) and Alberta Heritage Savings Trust Fund, Canada (5th place; 91).

For more information please visit the link:https://piie.com/system/files/documents/pb16-18.pdf

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