Skagen Funds

Skagen AS
Private
Industry Financial services
Founded 1993 (1993)
Headquarters Stavanger, Norway
Area served
 Scandinavia, UK, The Netherlands
Services Mutual funds
Number of employees
 140
Website www.skagenfunds.com

Skagen Funds is a Scandinavian mutual fund company founded in 1993 and headquartered in Stavanger, Norway.

Operations

The company manages four equity funds and six fixed income funds, including Kon-Tiki, an emerging markets equity fund.[1] Skagen has offices in Denmark, England, Netherlands, Norway and Sweden.[2]

The firm's portfolio managers base their investment decisions on their own research, rather than corporate relationships or internal analyst teams.[1]

Bloomberg reported on January 29, 2014, that Skagen's emerging market fund had assets under management of 50 billion krone ($8 billion) with an annualized return of 14 percent over the past 10 years, the eighth-best performer among 1120 similar funds tracked by Bloomberg over the past decade.[3]

References

  1. 1 2 Grene, Sophia (2010-11-14). "Norwegian team finds focus in isolation". Financial Times. ISSN 0307-1766. Retrieved 2015-10-02.
  2. ↑ "Archived copy". Archived from the original on 2014-11-06. Retrieved 2014-11-06.
  3. ↑ https://www.bloomberg.com/news/2014-01-28/skagen-says-ignore-wall-street-bet-on-emerging-markets.html
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.