The content on this page is marketing communication
International presence
We have permission to market our funds in a number of European countries. Our expansion abroad enables us to stabilise our assets under management through a more diverse client base.
We can also adopt best practice from other more developed and demanding markets.
SKAGEN has increasingly looked abroad for new challenges and opportunities. This process of international expansion began in 2001, and the first office for sales and client service outside of Norway was established in Stockholm, Sweden in 2004.
Measured and sensible expansion
SKAGEN currently operates offices in Norway and Sweden, and holds marketing permission for the following additional countries:
- United Kingdom
- Denmark
- Germany
- Iceland
- Finland
- Luxembourg
- Netherlands
- Belgium
- Ireland
- France
Important to note is that SKAGEN does not aspire to world domination and unconstrained asset growth internationally. Expansion into new markets is always of a measured and sensible nature, and our focus remains the delivery of best possible risk adjusted returns for our clients, wherever they may be.
UCITS and recent markets
SKAGEN has generally chosen to enter those markets where the UCITS brand has generated traction, where there is a sound regulatory footing, and where we believe there is something to be learned that can clearly benefit ourselves and our existing clients.
Client segments targeted in these new markets depend on the prevailing regulatory and market dynamics and include retail, institutional and high net worth segments. Knowledge assimilated in these highly competitive international markets has enabled us to improve the service that we deliver to our clients, both at home in the Nordic countries and abroad.
International operations
Our international markets are co-ordinated by the international department from our headquarters in Stavanger. In some markets we have agreements in place with local partners for the distribution of our funds - partners who share our philosophical and ethical principles, and who endorse our client focus and general business approach.