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Sondre Solvoll Bakketun is new Portfolio Manager of the Nordic/Global equity fund SKAGEN Vekst.

Sondre joined SKAGEN's portfolio management team in 2015, as part of the fixed income team managing SKAGEN’s money market funds. Between 2017 and 2020, Sondre held the position of equity analyst, collaborating with the portfolio managers of SKAGEN's equity funds and contributing successfully to stock picking and sector analysis. Most recently, he has been Lead Portfolio Manager of the two fixed income funds SKAGEN Tellus and SKAGEN Avkastning since September 2020.

Investment Director Alexandra Morris commented:

“Sondre is a valued and well-rounded member of the portfolio management team, and we are delighted that he has agreed to strengthen the SKAGEN Vekst team. He has broad experience both as an equity analyst and as portfolio manager of our fixed income funds. He will work closely alongside Lead Portfolio Manager Søren Milo Christensen to secure the best interests of the fund's unit holders.”

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.

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