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Stein Svalestad

CEO & Portfolio Manager

Stein is CEO of SKAGEN AS and manages the SKAGEN Select fund-of-funds (marketed only in Norway) as well as the “Approved by SKAGEN” list on SKAGEN’s external fund platform.

Work experience

  • CEO of SKAGEN AS November 2023
  • Joined SKAGEN in August 2015
  • Eight years' experience within investment consultancy for institutional clients, Gabler Investment Consulting AS 


  • Master’s in Economics from the University of Bergen
  • NFF Interest rate analyst

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 Storebrand Asset Management administers the SKAGEN funds which are by agreement managed by SKAGEN's portfolio managers.