Skagen Global - Bronze

FUND RESEARCH UPDATE: Fund Rating downgraded to Bronze

Thomas Furuseth 9 March, 2015 | 1:43PM

We have downgraded the Morningstar Analyst Rating™ for the Skagen Global fund to Bronze, from Silver. It avoids a Neutral rating only because of our positive view of the process and the strength of the broader team at Skagen. A bad year in 2014 does not concern us as much as several changes in this fund’s portfolio management team, which have lowered our conviction. On 11 November 2014, Skagen announced several changes, including the departure of lead manager Kristian Falnes. Falnes had served as lead portfolio manager at Skagen since 1997 and is the most significant in a

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About Author

Thomas Furuseth

Thomas Furuseth  var analytiker og redaktør på Morningstar.no i perioden 2006 til og med mai 2020. Han jobber nå i DNB. Han har en mastergrad i økonomi fra Handelshøyskolen BI med spesialisering i finans.

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