"The State Committee for Securities of Azerbaijan Republic has received proposal and appeal on establishment of investment fund. The proposal was made by "Invest Az" Company which recently received a license for asset management," the chairman of the Committee Rufat Aslanli told journalists, SIA reports.
According to him the investment fund is considered as an open fund.
He added that apart from Invest-Az there are some other organizations considering the prospects of opening of investment funds in Azerbaijan.
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