Skagen Funds
| Company type | Private |
|---|---|
| Industry | Financial services |
| Founded | 1993 |
| Headquarters | , |
Area served | Scandinavia, UK, The Netherlands |
| Services | Mutual funds |
Number of employees | 185 |
| 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,[citation needed] 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
- ^ a b Grene, Sophia (2010-11-14). "Norwegian team finds focus in isolation". Financial Times. ISSN 0307-1766. Retrieved 2015-10-02.
- ^ https://www.skagenfunds.com/About-us/SKAGEN-in-a-nutshell/
- ^ http://www.bloomberg.com/news/2014-01-28/skagen-says-ignore-wall-street-bet-on-emerging-markets.html