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April

SKAGEN Kon-Tiki: Successfully Riding the Emerging Market Rally

Emerging market equities have performed strongly in 2025, driven by AI momentum. SKAGEN Kon-Tiki's returns are significantly ahead of benchmark, ...

05.11.2025

SKAGEN m2 buoyed by Big Yellow approach

Private equity interest in the UK self-storage group has lifted a listed real estate sector primed for consolidation.

16.10.2025

SKAGEN Focus boosted by Comerica

Largest US regional bank deal of 2025 is a significant boost to unitholders as M&A activity hots up.

09.10.2025

CIO Update: Global equities continue to scale the wall of worry

A broad rally has propelled stock markets to record highs despite persistent macroeconomic and geopolitical headwinds.

07.10.2025

Trump’s financial reporting proposal is positive for long-term investors

Call to change financial reporting frequency has been widely criticised but SKAGEN Global takes the controversial view that, in this instance, the ...

25.09.2025

SKAGEN m2: Navigating listed real estate investments in a changing world

In a turbulent year for global markets, listed real estate has shown surprising regional resilience and shifting dynamics. SKAGEN m2’s focused ...

18.09.2025

Edward Chancellor – Investment Strategist Giving Voice to Financial History

Skewed valuations, rising concentration risk and challenges to central bank independence. In times like these, it pays to also look to the past for ...

31.08.2025

CIO Update: Markets rally despite trade and geopolitical uncertainty

Stock markets surged in the second quarter, shrugging off concerns around Liberation Day and ongoing political tensions. SKAGEN’s funds delivered ...

09.07.2025

Esther George – A Pragmatic Hawk

In an era marked by economic uncertainty and increasing challenges to central bank independence, it pays to listen to those who advocate for ...

01.07.2025

Edward Fishman – Leading Expert on Economic Statecraft

Edward Fishman, one of the world’s leading authorities on economic statecraft, will be a keynote speaker at SKAGEN Funds’ New Year’s Conference 2026. ...

01.07.2025

Focus on the fundamentals

In uncertain times, it's easy to be distracted by noise – whether in politics, markets, or media. But sometimes, stepping back helps us see what ...

23.06.2025

SKAGEN Focus: Three forces unlocking the valuation potential in small and mid-caps

After a turbulent 2024, SKAGEN Focus is showing strong signs of recovery in 2025, driven by undervalued opportunities in global small and mid-cap ...

16.06.2025

Korean election: A SKAGEN perspective

After months of political chaos, South Korea has a new president. A positive stock market reaction could see further impetus with valuations still ...

06.06.2025

CIO Update: Opportunities emerge beneath market volatility

Despite a rollercoaster 2025, global stock market returns are now broadly flat year-to-date in USD – investors anticipated Trump 2.0 to spark ...

13.05.2025

SKAGEN Global: Navigating complexity

Our global equity fund has delivered a solid start to the year against a backdrop of rising market volatility.

06.05.2025

Liberation Day: What Trump’s tariffs mean for stock markets and what might come next?

President Donald Trump has unveiled new tariffs aimed at addressing trade imbalances and protecting American jobs. The policy, including a 10% levy ...

03.04.2025

Global equity markets: The Great Rotation

Has the Great Rotation finally commenced? While it is still early days, we are potentially witnessing a seismic shift in global equity markets. 

31.03.2025

Three weeks in February

Recent shifts in global dynamics, particularly regarding America's stance on Russia and Ukraine, have sent shockwaves through markets and prompted ...

13.03.2025

A brave new world: is this the start of a changing global order?

2025 has already sprung several surprises – are these a product of fragile market sentiment and political flux or the start of a changing global ...

11.03.2025

SKAGEN Kon-Tiki: Navigating uncertainty

Our global emerging markets fund SKAGEN Kon-Tiki is well-placed for an ever-changing political and economic landscape.

20.02.2025

Torsten Slok - One of the World’s Leading Investment Economists

Torsten Slok, Partner and Chief Economist at Apollo, will present his economic outlook at SKAGEN Funds’ New Year’s Conference 2026. With an ...

04.02.2025

Apples vs. Oranges: Rethinking global equity markets

In today's market, traditional equity indices no longer offer a true reflection of global stock performance. We explore the growing risks of ...

24.01.2025

CIO Update: Another bumper year for global equities

Despite a late dip, 2024 marked another excellent year for stock markets globally as continued economic growth, strong corporate earnings and ...

07.01.2025

Plus ça change, plus c’est la même chose

The year 2024 will be recorded as another good year for equities – 56 new all-time-highs in the S&P alone – but with half of returns driven by ...

19.12.2024

Uncertain universe: Is it time to re-think emerging markets?

The US election result could signal a new world order but also an opportunity for investors to reassess developing markets and how best to gain ...

17.12.2024

South Korea: A SKAGEN Perspective

On Tuesday, South Korea averted a political crisis when President Yoon Suk Yeol reversed his imposition of martial law following its unanimous ...

04.12.2024

Dan Gardner

The Bestselling Author Who Challenges Risk and Uncertainty. Acclaimed by The Economist, New York Times bestseller, and advisor to the Canadian Prime ...

26.11.2024

Stein Svalestad

Stein Svalestad is the CEO and a portfolio manager for SKAGEN. Stein joined SKAGEN Funds almost ten years ago, where his first role was as a ...

25.11.2024

SKAGEN Global: How the new US president will impact equity markets

Lead Portfolio Manager Knut Gezelius examines how elections impact the US stock market and assesses the outlook under the next president. Watch the ...

21.11.2024

Jennifer Wallace

An Active Manager with a Proven Track Record. As the founder, co-owner, and investment director of Summit Street Capital Management, Jennifer Wallace ...

20.11.2024

Loretta J. Mester

A Rate Hawk Offers Insight into the Financial Machinery. After 10 years as one of the twelve Federal Reserve chiefs and head of the Cleveland Fed, ...

13.11.2024

CIO Update: What does Trump 2.0 mean for investors?

While stock markets have generally signalled their approval of the clear-cut victory for Donald Trump and the Republican party, reaction to his ...

12.11.2024

SKAGEN Kon-Tiki: Combining growth and returns at an attractive price

With the US attracting much investor attention in the countdown to election day, the strong recent performance of emerging markets has gone ...

31.10.2024

David Einhorn

The Art of Playing Your Cards Right. Value investor, author, and poker player. The co-founder and president of Greenlight Capital is known for ...

31.10.2024

Polls apart: What does the US election mean for sustainable investing?

The candidates are inseparable in the election ratings but have many divergent views, including on the environment where who wins could have ...

29.10.2024

US election countdown: Economy takes centre stage

In the second of a series of articles ahead of the US election, I explore the central factor in voters’ minds and the stock market outlook under the ...

23.10.2024

CTP: the “parkmaker” leading European logistics growth

CTP, a major logistics player in Central and Eastern Europe, is setting the pace in the industry with its unique “parkmaker” model. The company is a ...

15.10.2024

CIO Update: Are stock markets returning to normal?

The third quarter saw a broadening of the equity rally and the emergence of several factors that signal a stabilisation of market conditions. 

09.10.2024

A tale of two markets

On a recent trip to China and India, we were struck by the stark contrast between the two economies. In Hong Kong, Chinese investors voiced concerns ...

07.10.2024

Louis-Vincent Gave

The Mountain Infantryman Exploring Emerging Markets. Emerging markets have been the focus of Louis-Vincent Gave’s career, where he, in addition to ...

30.09.2024

Alex Edmans

When Value and Responsibility Go Hand in Hand. Professor of finance, speaker, and author. If you are interested in understanding the relationship ...

30.09.2024

SKAGEN Focus: Is the outlook brighter for small and mid-cap companies?

Bargain prices and an improving economic environment look favourable for smaller companies to generate bigger returns.

26.09.2024

SKAGEN M2: More gain, less pain for global listed real estate?

With many property markets improving and delivering positive returns in 2024, investors are increasingly hopeful that global real estate has finally ...

27.08.2024

Stock market concentration: a SKAGEN perspective

As a dwindling number of stocks drive global equity returns, what are the implications for markets and investors?   

23.08.2024

SKAGEN Global: Canadian Conviction

We recently met with our two Canada-based holdings and received positive updates on their ambitious plans for the future.

17.07.2024

CIO Update: Beware what lies beneath the rising stock market tide

Global equities maintained their ascent in the second quarter, but fewer stocks are generating the returns – as their valuations and market ...

12.07.2024

Investing amidst election fatigue: focus on long-term fundamentals

Despite news headlines dominated by ongoing elections globally, the impact on overall investment returns remains limited. In SKAGEN, we abide by the ...

08.07.2024

The US-China conundrum

In the first of a series of articles ahead of the US election, I examine how the reversal of capital flows since the pandemic has impacted stock ...

02.07.2024

SKAGEN Global: Playing the long game

Our flagship equity fund is lagging the tech-heavy global index this year but is well-placed for the expansion of AI and a changeable market outlook.

11.06.2024

SKAGEN Focus: Looking below the radar to find ESG’s future leaders

Why neglected small-caps driving real-world changes can be the big winners of the green transition.

04.06.2024

CIO Update: Value’s time to shine?

The latest round of inflation data appears to have reassured investors that interest rate cuts remain in sight, if not quite within touching distance ...

28.05.2024

The wait for lower interest rates goes on

After a strong end to last year, listed real estate has had a more difficult start to 2024.

13.05.2024

SKAGEN Focus: Contrarian investors on a profitable path

Our global small and mid-cap fund has won several international awards in recognition of its strong long-term performance.

07.05.2024

SKAGEN Focus wins Lipper Fund Awards

Top performing fund wins best global equity small and mid-cap category over five years.

30.04.2024

CIO Update: Is the market rally losing steam?

Stock markets around the world broke records during the first quarter but economic and geopolitical risks are looming on the horizon.

18.04.2024

SKAGEN Kon-Tiki: Positioned for three key themes driving emerging markets in 2024

Portfolio has over 70% invested in China, Korea and Brazil where positive changes are underway.  

17.04.2024

SKAGEN named Fund House of the Year 2023

SKAGEN has won the prestigious Dutch award, the Golden Bull (Gouden Stier), in the category Fund House of the Year 2023.

04.04.2024

Asia Engagement: Reflections from three dynamic emerging markets

On a recent visit to South Korea, Vietnam and India, we discovered three very different cultures and addressed ESG, financial and operational matters ...

03.04.2024

Annual ESG Report: Investing for financial gain and sustainability

While we do not claim to be able to slow climate change, we can say that when we invest and engage with a company, we do so because we see a clear ...

18.03.2024

Five reasons to invest in emerging markets

The course for emerging market investors rarely runs smooth and 2024 has so far been no exception.

27.02.2024

SKAGEN Global: Continued momentum

Our flagship global equity fund has maintained its strong recent performance into the new year thanks to its undervalued holdings attracting investor ...

23.02.2024

Closing the Korea discount: A SKAGEN Perspective

SKAGEN Kon-Tiki webinar this week to discuss our role in improving shareholder returns at Korean banks.

12.02.2024

The Magnificent Gap

Distorted valuations at both ends of the equity market capitalisation spectrum create risks for herd-following investors but huge opportunities for ...

31.01.2024

Where next after a shock end to the year of surprises?

Perhaps inevitably 2023 ended with a bang for equity markets. A year that began with expectations for a global recession and rock-bottom investor ...

23.01.2024

SKAGEN Global update: Stock markets continue to defy pessimists

In 2023, the equity market (once again) trumped the pessimists who erroneously projected a weak year for stocks, pointing to raging inflation and ...

22.12.2023

A year of mixed emotions

I suspect that the calendar year 2023 will be remembered with mixed emotions as the global economy and markets remained remarkably resilient in the ...

20.12.2023

Investing against the grain to harvest the best emerging market returns

2023 has been another challenging year for emerging markets relative to developed ones. Despite the headwinds, SKAGEN Kon-Tiki continues to perform ...

08.12.2023

CIO Update: Small caps poised for merger mania?

A side-effect of the runaway returns generated this year by the world’s biggest companies is that those lower down the food chain are looking ...

27.11.2023

SKAGEN Global: Finding many ways to win

At a time when the market has become highly concentrated, picking winners rather than backing the whole field is particularly important.

08.11.2023

Light at the end of the tunnel for global listed real estate?

Improving economic fundamentals and bargain valuations should mean brighter times ahead for property investors.

31.10.2023

CIO Update: More surprises to come?

So far 2023 has been a year of surprises. At the outset, most economists expected a global recession – the perceived wisdom being that choking demand ...

25.10.2023

Vitesco lift for SKAGEN Focus

German automotive supplier receives bid at healthy premium delivering value for fund’s unitholders.

20.10.2023

SKAGEN Vekst wins Best Global Equity Fund Award in Belgium

The fund is the 2023 winner of the Sicav de Cristal – Kristallenfondsen LA LIBRE Belgique - De Standaard in the category Best Global Equity Fund.

19.10.2023

SKAGEN Kon-Tiki: The common sense fund delivering uncommon returns

Our emerging markets fund is flying high, delivering benchmark-beating returns through a valuation-driven approach that is positioned for continued ...

09.10.2023

Self Storage Group boost for SKAGEN m2

Top ten holding receives bid at attractive premium that would create significant value for fund's unitholders.

20.09.2023

SKAGEN Vekst: Leading the pack

Our oldest fund continues to deliver solid absolute returns for clients and strong relative performance. With its 30th anniversary on the horizon, we ...

19.09.2023

Will stocks continue to climb higher?

As summer turns to autumn, it is always good to reflect on the year so far and what the remainder of 2023 could have in store for investors.

06.09.2023

SKAGEN performance update – a mixed July

Global equities ground upwards in July as investor confidence in the economy grew while the reported pace of inflation moderated in many geographies.

18.08.2023

CIO Update: Narrow footing on higher ground

The market's strong first half performance inevitably brings higher risk, particularly given its slender foundations. An uncertain macro environment ...

18.07.2023

SKAGEN Performance Update – A solid second quarter

Global equity markets ignored doomsayers and climbed higher in the second quarter. Large technology companies powered the ascent as the buzz around ...

10.07.2023

Challenging the consensus view

Opinions on the same facts can widely differ, as is evident in the current bull market. In this era of short attention spans and social media ...

07.07.2023

Samsung Electronics: (Still) together for tomorrow

A cornerstone of SKAGEN's investment approach over the past three decades has been our long-term perspective. While holding periods industry-wide ...

06.07.2023

Global listed real estate: Turning the corner?

Recent fund raisings signal growing appetite for real estate and offer greater certainty for investors.

22.06.2023

SKAGEN performance update – a mixed May

Global equities traded sideways in May as the debate around interest rate movements and inflation raged on. 

14.06.2023

The active enigma: Can stockpickers continue to prove their worth?

As SKAGEN celebrates its 30th anniversary, we assess how the changing investment landscape has impacted active management over recent decades, the ...

12.06.2023

CIO Update: Machine learnings

AI is fuelling short-term market gains but its long-term power will be far more potent - especially for those who buy it at the right price.

09.06.2023

Emerging markets offer fast-paced value creation

Emerging markets are exciting territory for investors with an appetite for value creation. And now is a good time to jump on board.

26.05.2023

ESG Engagements in 2022

Engaging with companies is a key part of an active manager’s responsibility and ESG topics regularly feature on the agenda.

22.05.2023

SFDR: What is it, and how does it affect me as a client?

The Sustainable Financial Disclosure Regulation (SFDR) impacts all financial market participants. The main purpose of the regulation is to increase ...

15.05.2023

SKAGEN Performance Update – A Solid April

Global equities were broadly flat in April but showed some intermittent volatility as persistent inflation and bank turmoil rattled investors.

11.05.2023

SKAGEN Focus wins Lipper Fund Awards

Top performing fund wins best global equity small and mid-cap category over three years.

11.05.2023

SKAGEN Global: Powering ahead

Our global equity fund has started 2023 strongly with its freight company holdings driving the portfolio forward.

10.05.2023

EU regulation misses the target on real estate emissions reduction

Real estate punches above its financial weight in terms of CO2 emissions and plays an important role in driving positive environmental change. ...

08.05.2023

Five reasons why contrarian small-caps are primed to generate big returns

We are specialists in contrarian global small and mid-cap stock picking. We believe that going against the mainstream or consensus is necessary to ...

26.04.2023

It starts with good corporate governance

SKAGEN's focus on good corporate governance is long-standing. For almost 30 years we have recognised it as crucial for long-term profitability and ...

11.04.2023

Postcard from Brazil Part III: Raizen and bio energy

SKAGEN Kon-Tiki portfolio company Raizen's circular approach to energy production highlights Brazil's sustainable commodity advantage.

28.03.2023

Banking sector volatility: A SKAGEN Perspective

The banking sector has been extremely volatile of late. What is SKAGEN's view of the turmoil and what is the risk of contagion? 

16.03.2023

Annual ESG Report: Navigating a changeable landscape

As the world grapples with the challenge of determining what constitutes sustainable investing, it can be difficult to navigate the constantly ...

16.03.2023

SKAGEN Performance Update – A Mixed February

Global equities declined in February as stubborn inflation data signalled further upward pressure on interest rates. Geopolitical risks continued to ...

15.03.2023

Postcard From Brazil, Part II: Suzano – The Materials Giant

One of the largest holdings in SKAGEN Kon-Tiki is the Brazilian materials company Suzano. As a  nearly 100 year-old forestry giant, one might think ...

07.03.2023

SKAGEN Kon-Tiki update: A unique combination of EM value and quality

Our global emerging market fund SKAGEN Kon-Tiki continues to outperform, driven by stock selection and price discipline.

02.03.2023

Postcard From Brazil: A Powerhouse of Potential

SKAGEN Kon-Tiki Portfolio Managers, Fredrik Bjelland and Cathrine Gether, joined by Head of ESG, Sondre Myge, recently visited Brazil. Here's an ...

16.02.2023

SKAGEN performance update: A strong January

Global equities had a strong January on market optimism that the rapid rise in interest rates may be approaching peak levels. Our funds had a solid ...

13.02.2023

CIO Update: Survival of the fittest

January is the month to get active both physically and financially – good stock picking will ensure portfolios remain healthy to tackle the year ...

27.01.2023

Positive outlook for emerging markets

"You have to dare to be contrarian and look for the really good bargains. That is where the great opportunities in the emerging markets lie," says ...

26.01.2023

Fiona Hill: On the political front line

Having dined with Vladimir Putin, been adviser to a former US President and taken the witness stand in the twentieth US impeachment trial, Fiona Hill ...

27.12.2022

Finding value in times of uncertainty

We consider the advantages of an active, price-driven, contrarian and long-term investment strategy in times of uncertainty – as well as why it's a ...

22.12.2022

Mark Mills: Daring to tread new ground

It is typically measures such as wind, water and renewable energy that are at the core of the political toolbox when it comes to handling the green ...

21.12.2022

The return of common sense: How stock markets will find their feet in 2023

Equities to recover once recession confirmed; interest rate normalisation to sustain value recovery.

16.12.2022

Aswath Damodaran: "Dean of Valuation"

Professor Aswath Damodaran has dedicated a large part of his career to explaining how companies are valued in an educational manner. This has given ...

12.12.2022

SKAGEN Kon-Tiki: Finding value in EM uncertainty

Like most regions, emerging markets have been an unhappy hunting ground for investors in 2022. Slowing economic growth and rising inflation have ...

09.12.2022

Mohamed El-Erian: Influential economist, investor and commentator

Few people are better placed to understand the turmoil in global financial markets today than Mohamed El-Erian. After four decades' working in ...

28.11.2022

Is there light at the end of the tunnel?

As we enter the final phase of a painful year for investors across nearly all asset classes, SKAGEN Investment Director Alexandra Morris assesses the ...

24.11.2022

Eliot Higgins: wielding the power of the internet to fight for facts

The man behind the open-source intelligence service Bellingcat is on a relentless quest for the truth. You can hear him speak at our New Year's ...

17.11.2022

SKAGEN m2 celebrates 10-year anniversary

October marks a decade since the start of our real estate fund which has skilfully navigated a rapidly changing global property market and several ...

31.10.2022

Brazilian stock market braces for presidential runoff

Global investors are keenly following the presidential election in Brazil. SKAGEN Kon-Tiki Portfolio Manager Cathrine Gether shares her views on this ...

28.10.2022

SKAGEN Global: Staying strong in weak markets

In difficult periods, it is easy to forget that stock markets have a long history of running hot and cold, and that even the coolest periods are ...

27.10.2022

Darkest before dawn: What's next for global listed real estate?

Like most risk assets, real estate has had a difficult 2022. More than usual, returns have been driven by cyclical macro factors as rising inflation, ...

13.10.2022

CIO Update: What recession would mean for stock markets and our funds

As stock markets continue to slide and sentiment darkens by the day, it is natural to wonder how close we are to the bottom. During periods of market ...

30.09.2022

What fighting inflation means for stock markets

While investor sentiment remains negative, the longer term opportunities are bright.

08.09.2022

Levi's: a newcomer to the SKAGEN Focus portfolio

In July, SKAGEN Focus bought into the clothing brand Levi's. The stock is very much one of a kind in the portfolio, but the investment case is clear ...

30.08.2022

What should investors consider during times of crisis and inflation?

Following a crisis-rich first half for 2022, we reflect on the nature of crises and the opportunities they often provide. And with inflation set to ...

23.08.2022

The five forces driving the resurgence of value stocks

Foes become friends: How five forces that challenged value stocks are now driving its resurgence.

18.08.2022

Clearing the fog of ESG ratings

Third-party sustainability research is confusing and risky – greater regulation is important but no substitute for doing one's own analysis.

27.07.2022

The challenges of building a sustainable real estate portfolio

Ratings, regulation, renovation and valuation can mean it's not always easy being green.

20.07.2022

SKAGEN m2: The benefits of being boring

Despite a challenging start to 2022, the investment case for investing in a conservative and diversified portfolio of listed property assets has ...

04.07.2022

SKAGEN Global: Staying Power

Our global equity fund remains built for the long haul with a resilient portfolio and huge upside potential.

29.06.2022

Braced for a bear market: A SKAGEN perspective

After several jittery weeks, the US benchmark S&P 500 index on Monday entered a bear market. What does this mean for stock markets and your ...

17.06.2022

The silent assassin: What rising inflation means for investors

The current mood may be gloomy, but a diversified stock portfolio still provides the best protection against the silent assassin of inflation and the ...

15.06.2022

SKAGEN Vekst: Focus on governance pays off closer to home

For SKAGEN Vekst, ESG factors are an essential part of our research process, in the same way that we analyse all elements which could impact a ...

07.06.2022

SKAGEN Vekst: Staying the course

Following a stellar 2021, our Nordic-global equity fund has faced a testing start to 2022 but strong risk management and stock selection have ...

20.05.2022

SKAGEN m2: The importance of sustainability for data centres

Sustainability has been a longstanding investment theme for SKAGEN m2, be that in the form of ownership dialogues or when it comes to selecting ...

16.05.2022

First quarter ESG report: Open and honest communication is key

When it comes to sustainability, the truth is rarely a marketing strapline; it is rather steady, incremental efforts to improve practical matters and ...

09.05.2022

Is higher inflation here to stay?

After a couple of decades of low and steady inflation, many investors are asking if we should prepare for annual price rises to be well above average ...

05.05.2022

SKAGEN Kon-Tiki: Active ownership in emerging markets

As active investors in Emerging Market (EM) equities, we see an opportunity to positively influence the development and urgency of ESG issues where ...

29.04.2022

CIO Update: The power of dividends

How company pay-outs provide protection and prosperity in the current volatile environment.

26.04.2022

Five reasons to invest in listed real estate

Listed real estate has outperformed global stock markets in 2022 and over the last twelve months. Despite its strong recovery from the pandemic, the ...

20.04.2022

SKAGEN Global: ESG an important piece of the puzzle

As a long-term investor, SKAGEN Global considers ESG an important piece of the due diligence puzzle that is part of our analysis for all investments.

08.04.2022

SKAGEN Kon-Tiki celebrates 20-year anniversary

April marks two decades since the launch of our pioneering emerging markets equity fund SKAGEN Kon-Tiki.  

05.04.2022

SKAGEN Focus: Cascades – an undiscovered gem in the circular economy

SKAGEN Focus' position in Cascades serves to illustrate both our investment process as well as our active ownership and engagement activities.

28.03.2022

Annual ESG Report: Keeping it real

In SKAGEN, we strive always to keep a firm grasp on reality. Our Sustainability Report for 2021 details the nuts and bolts of our active engagement ...

10.03.2022

SKAGEN excludes all Russian investments

Due to the tragedy unfolding in Ukraine, SKAGEN will freeze all Russian investments in its funds and divest from Russia. This action aligns with the ...

03.03.2022

Should investors be worried about Russia?

As clouds of conflict gather over Ukraine, how should investors think about geopolitical risk?

16.02.2022

Staying in the game

Market falls can feel painful but are part and parcel of the race for long-term investment success. 

11.02.2022

Spotlight on China: Stocks to rediscover their roar in the year of the Tiger?

A highlight from our recent New Year conference was Michael Pettis discussing the Chinese economy. The Professor of Finance at Peking University is ...

25.01.2022

CIO update 2021: Onwards and upwards

After a helter-skelter 2020, stock markets found relative calm in 2021. SKAGEN's equity funds all delivered positive absolute returns in 2021, with ...

13.01.2022

Same procedure as last year... Or is it?

Following another extraordinary year, we reflect on the challenges and opportunities before us. 

20.12.2021

Hillary Rodham Clinton: Engagement at the very heart

Few women now alive, if any, possess the experience of and insight into major world events of recent decades as former US Secretary of State Hillary ...

16.12.2021

Robert Friedland: The revenge of the miners

The mining legend Robert Friedland, founder and chairman of Ivanhoe Mines, will be one of the speakers at our New Year's Conference 2022.

14.12.2021

Joseph Stiglitz – an economist unlike any other

Nobel laureate, former chief economist at the World Bank, former adviser to the US president and not least a prominent professor. Joseph Stiglitz is ...

08.12.2021

Why active managers have the ESG advantage

Active managers have a clear advantage when it comes to ESG: we can decide which companies to hold, how much exposure we want and when to sell.

29.11.2021

Third quarter engagement report

As long-term investors, we regularly engage with our portfolio companies to promote and encourage improvements.

23.11.2021

In COP we trust, by COP we must?

We discuss the key takeaways from the Glasgow Climate Pact from a SKAGEN perspective.

18.11.2021

Michael Pettis: The finance professor perfectly placed at China's economic crossroads

Michael Pettis will make his debut appearance at our New Year conference in January, arguably with perfect timing.

17.11.2021

SKAGEN Focus: The art of thinking like an industrialist

So far in 2021, SKAGEN Focus has received no less than five buy-out offers for various companies across the portfolio. This has been highly ...

09.11.2021

SKAGEN Global: Breaking new ground

SKAGEN Global continues to navigate market volatility and economic uncertainty to deliver strong returns for clients.

04.11.2021

Third quarter ESG report: A focus on process and progress

Sustainability often means different things to different people but there is a clear distinction between sustainable asset management and sustainable ...

27.10.2021

Real estate's bid bonanza

Record takeover activity is buoying listed property assets and boosting SKAGEN m2.

19.10.2021

Navigating the China Syndrome

The latest Chinese stock market meltdown has brought Emerging Market valuations to compelling levels.

12.10.2021

CIO Update: Making sense of financial advice

Would you go to your neighbour for advice about your chest pains? Unless she is a doctor, the answer is likely no. My guess is that the same goes for ...

29.09.2021

Real estate market update: a sector reborn

As stock markets around the world become ever more expensive, real estate is looking increasingly attractive. So far 2021 has been a story of ...

23.09.2021

Corporate governance: Lawful engagement

How SKAGEN uses legal proceedings to remedy governance breaches on behalf of clients.

07.09.2021

SKAGEN to reclassify equity funds as Article 8 under SFDR

New categorisation as "environmental and socially promoting" funds to reflect the continued strengthening of SKAGEN's approach to integrating ...

02.09.2021

CIO Update: Playing the Long Game

The rapid rise of the Delta variant is spooking the market. However, provided we remain vigilant and reopen in a sensible way, I am optimistic that ...

31.08.2021

China's tightening regulations: the SKAGEN Kon-Tiki view

In recent months, there has been a significant tightening of regulations governing Chinese companies in a wide range of industries. We discuss the ...

27.08.2021

Ivanhoe Mine's Net-Zero Crusade

Ivanoe Mines, the mining company held by three SKAGEN funds, is to ensure that its flagship project becomes the first net-zero operational carbon ...

25.08.2021

SKAGEN Global: Strong company reports in Q2

The global equity market delivered solid gains during the second quarter. SKAGEN Global also generated good returns in the period, aided by strong ...

20.08.2021

A strong quarter for global real estate and SKAGEN m2

The second quarter was once again positive for global real estate, which continued to catch up with the broader equity market. SKAGEN m2 also had a ...

10.08.2021

Atlantic Sapphire: High conviction and disruptive ESG

SKAGEN Kon-Tiki and the ESG team undertook a more in-depth and proactive collaboration with Atlantic Sapphire in the second quarter 2021 to support ...

02.08.2021

An active quarter for SKAGEN Focus

Our high conviction global equity fund SKAGEN Focus delivered a strong return in the second quarter and added several new positions.

20.07.2021

Second quarter engagement report

As long-term investors, we regularly engage with our portfolio companies to promote and encourage improvements. There was a particular focus on ...

17.07.2021

Second quarter sustainability report: The honest road is the hardest road

As an active owner, SKAGEN's approach is to focus on change when engaging with our portfolio companies where we see there is a need for improvement. ...

16.07.2021

CEO update: Putting people at the centre

Reporting on a good first half for 2021, we reflect on the importance of putting people at the centre of all that we do.

07.07.2021

First quarter engagement report

As long-term investors, we regularly engage with our portfolio companies to promote and encourage improvements.

24.06.2021

SKAGEN Focus: ESG in small and mid-cap value stocks

Contrary perhaps to conventional wisdom, companies with a business model that directly contributes to more sustainable outcomes need not have a ...

15.06.2021

CIO Update: Is Inflation Here to Stay?

Pricing pressure is rising: what does this mean for equities and other assets, and should we be worried? For investors focused on value, it could be ...

27.05.2021

Fishing where the fish are

The SKAGEN Focus investment team is Jonas Edholm, Portfolio Manager, David Harris, Portfolio Manager and Jakob Rikwide, Equity Analyst.

20.05.2021

In the sweet spot

Why our focus on value and active stock-picking should provide a winning combination for investors.

07.05.2021

Is value investing back from the wilderness?

A year ago, the contrarian value investor seemed on the brink of extinction. SKAGEN Focus portfolio manager Jonas Edholm examines why value investing ...

28.04.2021

SKAGEN Global: A holistic view of ESG

SKAGEN Global believes that ESG is an area that long-term investors need to include as part of the bottom-up due diligence and integrate in the ...

26.04.2021

SKAGEN Focus: Digging for discounts in metals and mining

"A gold mine is a hole in the ground with a liar on top" –  Mark Twain's description captures the mistrust of an industry which has historically ...

23.04.2021

The snowball effect: First quarter sustainability report published

SKAGEN has a clear goal to improve sustainable business practices across our holdings. Read more about how we go about this in our first quarter ...

22.04.2021

SKAGEN Kon-Tiki: Value recovery continues

The recent change in market backdrop has benefited growth-sensitive and cyclical assets as shown by value's continued outperformance of growth. With ...

20.04.2021

Incremental ESG change in the real estate sector

Real estate is of growing importance to society, both in terms of how the built environment tackles climate change and how it interacts with its ...

08.04.2021

Value recovery gains velocity

A year on from the world entering lockdown and stock markets plummeting, vaccine rollouts and economic reawakening signal optimism for a sustained ...

22.03.2021

SKAGEN Global: Ready for economic recovery

With commentators' attention largely focused on bond markets and the spike in yields driven by inflation fears, global equities have been relatively ...

18.03.2021

SKAGEN's carbon audit reports available

SKAGEN has committed to joining the collective global effort to reduce greenhouse gas emissions. In September 2020, we decided to carry out annual ...

16.03.2021

Diversity and Inclusion Report 2020

At SKAGEN, we strive to be a diverse and inclusive company since we are convinced that this will lead to long-term business success. Our Diversity ...

15.03.2021

ESG in the Nordics

SKAGEN Vekst considers ESG factors to be an essential part of our research process, in the same way that we analyse all elements which could impact a ...

10.03.2021

ESG in Emerging Markets

Consistent with SKAGEN Kon-Tiki's long-term investment approach in emerging markets, ESG considerations have been part of our fundamental research ...

01.03.2021

SKAGEN Kon-Tiki: Combining Quality and Value in Emerging Markets

With the market noise and turbulence of 2020, it was easy to overlook that emerging markets outperformed developed markets for the first time since ...

25.02.2021

No such thing as a free lunch

At SKAGEN we take a holistic view of ESG. For us, it is paramount that companies have a strong culture for pursuing improvements and set clear ...

18.02.2021

Sustainability Report for 2020: Values fit for the Anthropocene

Our Sustainability Report for 2020 addresses societal issues, sustainability in the funds and future transition efforts, amongst a range of other ...

08.02.2021

SKAGEN Kon-Tiki: ended the year at an all-time high

Despite 2020 being a year many would prefer to forget, SKAGEN Kon-Tiki ended the year at an all-time high NAV after outperforming both the MSCI EM ...

01.02.2021

SKAGEN Focus: Exceptionally strong end to the year

Following a very strong last quarter for the fund, SKAGEN Focus posted a solid absolute return for 2020.

27.01.2021

CIO Update: A Rollercoaster Year

Like society at large, 2020 was a strange and often difficult year for investors. Nonetheless, the wide dispersion in returns between sectors and ...

15.01.2021

CEO update: An odd year

As this extraordinary year draws to a close, we reflect on what we have learned. While the pandemic has served to remind us of our essential ...

18.12.2020

Optimistic sustainability guru: Mike Berners-Lee

He is the climate expert who has garnered fame through his books "How Bad are Bananas?" and "There Is No Planet B". In January, you can hear him ...

17.12.2020

One of the world's leading bank economists to speak at our New Year's Conference

Torsten Slok spent many years at Deutsche Bank before recently being appointed chief economist at Apollo Investment. At SKAGEN's New Year Conference, ...

17.12.2020

Monica Hsiao: Asian credit market is rife with opportunities

Our New Year's Conference speaker Monica Hsiao, CIO of Triada Capital, believes that China still has a number of tools in its monetary policy box to ...

14.12.2020

Elite Division: Catherine L. Mann

The world-renowned economist and researcher Dr. Catherine L. Mann has a long and impressive track record. Now she warns of the consequences of a ...

09.12.2020

Mark Mobius: full-time nomad

The emerging markets pioneer who advocates ESG as the next frontier will be speaking at SKAGEN's New Year's Conference.

02.12.2020

Value investing: the big reset

Following a decade in the wilderness, value investors like ourselves may finally be witnessing the beginning of a major turn in the investment cycle. ...

27.11.2020

Nassim Nicholas Taleb: Dealing with the unexpected

Nassim Nicholas Taleb made his fortune by holding a steady course through unpredictable financial events. He later gained international recognition ...

23.11.2020

Best-selling author Michael Lewis to speak at SKAGEN's New Year's Conference

Few people are better equipped to write the contemporary history of the financial world, or to express their dislike of injustice more entertainingly ...

20.11.2020

Small companies, big returns?

In the summer I wrote about the record disparity between growth and value stocks. Since news broke of a possible COVID vaccine, value stocks have ...

19.11.2020

Five commandments for value investors

In order to succeed as a value investor, it is not enough to just find companies that have low valuation based on earnings and book value.

18.11.2020

Japanese journey: Property investing in Japan

SKAGEN m2 is finding value in Japan's property market, supported by the country's corporate governance transition.

17.11.2020

US Presidential Election: A SKAGEN Perspective

Investors hoping for a swift resolution to the US election have clearly been left disappointed as the Presidential result remains undecided.

06.11.2020

The Tortoise and the Hare: Differentiating between companies in the race towards sustainability

All companies these days are competing in a race, in some way or another, towards the necessary transition to a sustainable globe. Depending on their ...

28.10.2020

SKAGEN Kon-Tiki update: Recovery in motion

Emerging markets outperformed developed markets in the third quarter, as is often the case in periods of a weakening US dollar. SKAGEN Kon-Tiki ...

21.10.2020

The tortoise, the hare and the companies that contribute to a sustainable future

Our sustainability report for the third quarter addresses societal issues, sustainability in the funds and future transition efforts, amongst a range ...

16.10.2020

SKAGEN Vekst: Weathering the perfect storm

COVID-19 created severe headwinds for SKAGEN Vekst but the portfolio managers' focus on finding and creating long-term value for clients remains ...

16.10.2020

SKAGEN Focus continues strong performance in third quarter

SKAGEN Focus performed strongly in the third quarter, outstripping the underlying equity markets and essentially de-coupling from value averages, ...

13.10.2020

Trump or Biden – Does the stock market care who wins the US election?

As we enter the final stretch of the US election campaign, should investors care who wins and make decisions based on the expected outcome? A look at ...

05.10.2020

What is value investing?

The concept of value investing a simple one: By focusing on fundamental company analysis, investors can outperform the stock market by identifying ...

02.10.2020

Better to lose at dice than at Russian roulette

Getting it right in investing comes down to experience, patience and a little bit of daring.

28.09.2020

SKAGEN awarded high PRI scores

SKAGEN has been awarded top scores in the most recent Principles for Responsible Investment (PRI) assessment report.

24.09.2020

Not all property funds created equally

While the COVID-19 pandemic has generally been painful for real estate markets, it also highlights the relative benefits of listed property assets ...

22.09.2020

SKAGEN Kon-Tiki: Is value on its way back?

There are signs that value stocks may be making a comeback after a long period during which expensive growth stocks have outperformed, writes SKAGEN ...

11.09.2020

Climate policy strengthened to accelerate green transition

The Storebrand Group has today launched a new climate policy to intensify action against global warming and quicken the transition to a greener ...

24.08.2020

SKAGEN Global: An all-weather performer

SKAGEN Global survived the COVID-19 market crash and is designed to thrive, no matter what comes next.

14.08.2020

CIO update: When the music stops

With the decade-long valuation and performance divergence between growth and value stocks continuing to widen over the summer, it is no wonder that ...

13.08.2020

A green but jobless recovery

Why the nature of work matters for a sustainable future

23.07.2020

Second quarter sustainability report

Follow the progress of our sustainability work – read our Q2 ESG report.

22.07.2020

Active ownership and Samsung: Targeted sustainability work pays off

Following a prolonged period of targeted sustainability work and active engagement with Samsung, the company has been removed from the Storebrand ...

20.07.2020

How does SKAGEN work with sustainability?

How can a fund manager contribute to sustainable development? Here, sustainability expert Sondre Myge Haugland talks about corporate social ...

26.06.2020

Value investing: a generational opportunity?

The disparity between value and growth stocks which began following the financial crisis has widened during COVID-19 to record levels. Is value ...

18.06.2020

What next for global real estate?

A look at the coronavirus impact, the outlook for different segments and why stock selection is key in an increasingly fragmented market.

12.05.2020

Sustainability reporting on a quarterly basis

SKAGEN has a long history of incorporating sustainability into our investment process, and last year we took our work one step further.

11.05.2020

SKAGEN supports important sustainability initiative, TPI

SKAGEN has become a supporter of the Transition Pathway Initiative (TPI), an investor-led initiative to assess companies’ preparedness for the ...

07.05.2020

Best global property fund award to SKAGEN m2

SKAGEN m2 has been named best global property fund over three years.

29.04.2020

SKAGEN signs up to the UN Global Compact

SKAGEN Funds has become a signatory of the world's largest corporate sustainability initiative, the UN Global Compact.

23.04.2020

The road to stock market recovery

With equities ending the quarter by reversing some of their heavy losses, we assess previous recoveries and what could be in store when the next one ...

15.04.2020

Coronavirus market reaction

Global stock markets dropped sharply yesterday. SKAGEN's Investment Director, Alexandra Morris, provides an assessment of market events and why ...

13.03.2020

How SKAGEN has prepared for COVID-19

With the escalation of the COVID-19 outbreak throughout Europe, it is timely for me to provide you with an assessment of the current situation from ...

12.03.2020

Five reasons emerging markets investors should feel reassured

Coronavirus uncertainty and an oil price war have created fear but future stimulus and lessons from history provide reassurance for investors.

12.03.2020

Sustainability report for 2019

We are pleased to be publishing our first annual Sustainability Report for 2019; a year which will probably be recorded as the year in which ...

06.03.2020

Where next for traditional value investing?

How unpopular equities can rediscover their unconventional success.

04.03.2020

Coronavirus market reaction: A SKAGEN perspective

Global stock markets fell sharply on Monday as fears grew about the spread and potential impact of the coronavirus outbreak. As global investors, ...

29.01.2020

Illiquidity Bites

Why SKAGEN m2's listed exposure to an attractive asset class helps navigate real estate's liquidity mismatch while safeguarding its strong returns in ...

28.01.2020

Over the wall of worry

Global equities recovered strongly in 2019 after the sharp sell-off at the end of 2018, boosted by unrelenting US momentum and a resurgence from ...

14.01.2020

Optimism drove the markets in the fourth quarter

In the final quarter of the year, markets were cheered by signs that the manufacturing cycle may have turned and that there might finally be a trade ...

05.01.2020

Value investing in the next decade: Is it time to retire the price-book metric?

SKAGEN Global looks at the rise of intangible assets, their antiquated accounting treatment and the profound impact on traditional valuation metrics.

03.01.2020

UK General Election: A SKAGEN Perspective

Following the Conservative's landslide general election victory and a mandate to finally deliver Brexit we assess what this means for UK equites and ...

16.12.2019

Safe havens back in vogue

The third quarter of 2019 underlined that we are in a period of slower global growth, mainly driven by falling manufacturing.

19.11.2019

Ten reasons to choose active management

While the growth in passive investing has arguably been the single biggest stock market development for a generation, we think there are at least ten ...

17.11.2019

Active share

To have the best chance of beating an index you need to invest differently from it.

14.11.2019

Investing sustainably in emerging markets

SKAGEN’s long-standing ESG principles have evolved over time and some of our EM holdings are contributing to make to a greener world.

14.11.2019

Does active management pay off?

Active and passive fund management and the cost of these services are a hot topic of discussion in several European countries.

12.11.2019

Barbara Krumsiek: how to elevate sustainable responsible investing?

A globally-recognised leader in sustainable investing, Barbara Krumsiek will be speaking at our upcoming New Year’s Conference about how sustainable ...

30.10.2019

How does SKAGEN work with sustainability?

A great deal is happening within the area of sustainability in SKAGEN. Recently we have intensified our efforts against deforestation and seen ...

23.10.2019

How did SKAGEN Kon-Tiki fare in the third quarter?

Video: The emerging markets fund SKAGEN Kon-Tiki felt the effects of the volatility in the third quarter. Company-specific events also affected the ...

17.10.2019

Fear came to the fore in the stock markets in the third quarter

Despite another period of heightened volatility, global stock markets weathered the storm to provide solid third quarter gains and have now delivered ...

09.10.2019

Three days of sustainable investments

At the three-day conference which took place in September, over 1,700 members of the UN sponsored organisation Principles for Responsible Investments ...

27.09.2019

Storebrand intensifies deforestation engagement

SKAGEN and Storebrand are collaborating on an ambitious policy which aims to limit the depletion of the world’s forests.

16.09.2019

Sustainability is his job

“Sustainability used to be considered something defensive; now it is a way of creating excess return,” says SKAGEN’s new sustainability specialist ...

12.09.2019

A very active owner

As active stock pickers, SKAGEN regularly engages with portfolio companies to influence them to make value-enhancing improvements.

30.08.2019

What next for emerging market growth?

The developing world growth story remains compelling despite continued trade tensions but investors should be selective to maximise returns.

08.08.2019

Stock selection helps navigate choppier waters

Our holdings largely performed well during a turbulent second quarter, providing support for our rigourous bottom-up investment approach.

16.07.2019

SKAGEN Kon-Tiki positioned for the green shift

By investing in Ivanhoe, amongst other companies, SKAGEN is positioned to take advantage of the shift towards renewable energy and the electrification ...

28.05.2019

SKAGEN m2 wins Lipper Fund Award

SKAGEN m2 has been named best global property fund over three years.

03.05.2019

New spring for Japanese companies

SKAGEN Insight has positioned itself to take advantage of the reforms taking place in Japan. 

30.04.2019

Japan: a mecca for value investors

Good opportunities can be found for value investors in Japan against a backdrop of steadily improving corporate governance.  

03.04.2019

ESG: More active owners

SKAGEN has been incorporating environmental, social and governance (ESG) factors in its investment process for more than 15 years. In the period ...

14.03.2019

China: opportunities amid lowered expectations

A combination of lower economic growth, external political unrest and more expensive financing means that China can no longer rely on a continuously ...

30.01.2019

Common group policy for sustainable investments

As of 1 January 2019, all companies in the Storebrand Group follow a common group policy for sustainable investing.

18.01.2019

"Capitalism has run out of steam"

It is an illusion that we live in the most innovative era. That is according to Björn Weigel, who argues that ownership is crucial for capitalism to ...

04.12.2018

Working towards a new world

Not many professors are named celebrity researchers by the media. Maria Strømme’s research and breakthroughs in nanotechnology may be instrumental in ...

28.11.2018

Political risks in an age of uncertainty

What are the greatest political risks we will face in the upcoming year? That is just one of the questions that the Pulitzer Prize winning author ...

26.11.2018

How to create a run-free financial system

A decade on from the financial crisis, is our financial system any safer? That is the question John Cochrane, Senior Fellow of the Hoover Institution ...

09.11.2018

The case for emerging markets in five charts

Positive structural and cyclical tailwinds mean developing world equities at knockdown valuations should be a happy hunting ground for long-term ...

06.11.2018

SKAGEN m2: world’s best property fund

SKAGEN m2 is ranked number one globally on a three-year basis.

11.10.2018

Opportunities lie within emerging market problems

Developed markets had a satisfactory quarter while emerging markets struggled. Nonetheless, we remain fundamentally positive about the latter and ...

09.10.2018

Turkish Turbulence: A SKAGEN Perspective

Our portfolio managers travelled to Istanbul for an update from the funds’ Turkish holdings and to gain a first-hand perspective of the challenges ...

02.10.2018

Trump's financial reporting proposal positive for long-term investors

Trump’s proposal to change financial reporting frequency has been widely criticised. SKAGEN Global takes the somewhat controversial view that, in ...

27.08.2018

Long-term opportunities in China

We have seen a broad decline on the Chinese stock markets this year. Is the time then ripe for investors to turn their gaze to the world’s second ...

20.08.2018

Opportunities in trade war

The US and China have entered a trade war after several months of escalating threats. “We are well prepared,” says portfolio manager of SKAGEN Global ...

06.07.2018

Tackling climate change: A SKAGEN perspective

Environmental, social and governance (ESG) factors are increasingly important in investment decision-making. We look at how tackling climate change ...

22.06.2018

Chinese opportunities for SKAGEN Kon-Tiki

Chinese A-shares have now been included in the MSCI Emerging Markets Index. For the stock pickers in the SKAGEN Kon-Tiki team, however, it is ...

01.06.2018

Good opportunities for stock pickers

Fluctuations on the stock market also provide opportunities to find good undervalued companies with a positive outlook. The equity fund SKAGEN Global ...

29.05.2018

Hopes of Korean peace treaty lift SKAGEN Focus' cement producers

The meeting that took place between South and North Korean leaders recently was surprisingly positive. Any improvement in the relationship between ...

14.05.2018

Navigating choppy waters

Following two years of relative calm, the first quarter of 2018 offered investors a reminder of the risks lurking below the surface of what is now ...

20.04.2018

Safe travels with Aeroflot

Forget everything you ever thought you knew about the world's largest airline company. Russian Aeroflot is a new company in the SKAGEN Kon-Tiki ...

19.03.2018

Extending our ESG influence

In 2017, SKAGEN continued to build on our focus on environmental, social and corporate governance factors (ESG) in our investment process. We also ...

05.03.2018

Oily rates of return

Earlier this week, the Norwegian central bank released the annual report for the sovereign wealth fund, which NBIM administers on behalf of the ...

01.03.2018

Finding opportunities in the stock market sell-off

On Monday, Wall Street suffered its worst fall in six years, as interest rates headed higher amid concerns of returning inflation. Stocks tumbled and ...

06.02.2018

SKAGEN Focus: finding treasure in the cement sector

The equity fund SKAGEN Focus has unearthed some undervalued cement companies. 

28.12.2017

The growth miracle in South East Asia

Few countries have experienced the economic and political developments that have taken place in Vietnam over the past 17 years. The country's largest ...

20.12.2017

Government - investor, risk-taker, innovator

Which actor in the economy is most responsible for making radical innovation happen? Mariana Mazzucato comes up with a surprising answer: the state. ...

18.12.2017

Understanding the millennials

Future consumers are going to turn the global economy on its head. So says Matt Britton, one of the speakers at SKAGEN's upcoming New Year's ...

14.12.2017

Favourable conditions in the global real estate market

SKAGEN m2 is well positioned to take advantage of the trends and developments that will drive the global real estate market over the next few years.

11.12.2017

City lover: Ed Glaeser to speak at New Year's Conference

Cities make us richer, smarter, greener, healthier and happier. So says Harvard professor, Edward Glaeser, who will be presenting at SKAGEN's New ...

30.11.2017

China: long-term opportunities for the active investor

China is the world's second largest growth engine and offers significant long-term opportunities for the active investor. 

12.10.2017

Spotlight on Korea - A SKAGEN Perspective

The major political flashpoints of 2017 have so far come from North Korea. While the current break in Kim Jong-un's missile testing programme will ...

29.09.2017

Improving ESG can boost returns

As Environment, Social and Governance factors (ESG) have gained significant popularity among investors during recent years, one important question ...

13.09.2017

Emerging markets - where are we now?

There has been outperformance in emerging market (EM) equities in recent years and the big question is: will it continue?

08.09.2017

SKAGEN Focus lured by Japanese reforms

A wave of change is sweeping through Japan. The global equity fund SKAGEN Focus has been quick to seek out exciting investments in the country.

04.09.2017

Japan's futile quest for inflation

Japan has enjoyed almost 22 years of "easy money". In some respects, its policies could be deemed a success, but in others, an abject failure.

18.07.2017

Labour's Revenge?

Macro economist Torgeir Høien discusses what happens to profits if the labour share of income is normalised in this paper entitled "The labour share ...

14.06.2017

Why stock pickers thrive in emerging markets

The continued resurgence of emerging market (EM) equities has prompted many investors to revisit their exposure to this engine of global economic ...

02.06.2017

Macro comment: Trump against trend

The markets have done well after Donald Trump was elected US president. Promises of tax cuts, increased public investments and regulation ...

25.04.2017

Potential South Korea reform could benefit SKAGEN

SKAGEN's equity funds have considerable investments in South Korean companies and are following the recent governance developments in the country ...

31.03.2017

The works of the world

2016 ended on an up-beat note, with most indicators suggesting higher economic growth than at the beginning of the year.  

09.01.2017

Trump's Nutty Professor

Will Trump's economic policies bring prosperity, jobs and joy to the US and the global economy?

28.12.2016

No Trump effect on corporate bonds

"Picking the right bond that is sold for the wrong reason is a good strategy at present," says portfolio manager Tomas Nordbø Middelthon.

29.11.2016

Index, active, or truly active?

Recent years have not been kind to active fund managers. This has, naturally enough, given rise to questions as to whether it is possible to make ...

10.11.2016

“Opportunities following US election surprise”

The surprising election of Donald Trump as the 45th president of the US initially sent stocks tumbling in the world's financial markets early this ...

09.11.2016

Brazil: this year's hottest market still offers opportunities

Year-to-date the Brazilian stock market has climbed 86 percent in EUR and is showing few signs of slowing down. After such a formidable increase, ...

28.10.2016

Portfolio managers prepared for US election

The upcoming presidential election in the US has taken many twists and turns so far. Nonetheless, the portfolio managers are prepared for when the ...

24.10.2016

Will the helicopters take off?

Having helicopters drop money will hardly help central banks achieve their inflation targets.

21.04.2016

New perspective on Emerging Markets

Uncertainty around Emerging Markets has weighed down on financial markets in recent years. Nonetheless, is it reasonable to draw just one overall ...

29.02.2016

Hard start to the year in China

China's stock market has continued to fall sharply over recent weeks. On 7th January trading on the stock exchange was suspended. Investment director ...

08.01.2016

Up in US stocks

SKAGEN Global has increased its exposure to the US by 30 percent in a year in which the US stock market rally has ground to a halt.

03.11.2015

China affects us all

How worried should we be about weaker economic growth in China?

20.10.2015

Chinese stock market collapse creates opportunities

People have been asking us what the sharp fall in the Chinese stock market means for SKAGEN`s equity funds. Kristoffer Stensrud, portfolio manager of ...

09.07.2015

Cheapest not always best

People often think that the key to success in the stock market lies in buying low and selling high. History has also shown that over time it pays to ...

01.06.2015

The China Enigma

Stock markets do not follow a country's economic growth trajectory, and never has this been more true than for China at present. Is China's stock ...

29.05.2015

In Plato's cave

Are you wondering about the shadows on the wall and what they say about the current state of Greece and its debt negotiations?

28.04.2015

Historical returns are no guarantee for future returns. Future returns will depend, inter alia, on market developments, the fund manager’s skills, the fund’s risk profile and management fees. The return may become negative as a result of negative price developments. There is risk associated with investing in funds due to market movements, currency developments, interest rate levels, economic, sector and company-specific conditions. The funds are denominated in NOK. Returns may increase or decrease as a result of currency fluctuations. Prior to making a subscription, we encourage you to read the fund's prospectus and key investor information document which contain further details about the fund's characteristics and costs. The information can be found on www.skagenfunds.com. Storebrand Asset Management administers the SKAGEN funds which are by agreement managed by SKAGEN's portfolio managers.