SKAGEN

Johan Swahn has joined Skagen Funds as a portfolio manager on its flagship €5.6bn Global fund.

Skagen has launched RDR-compliant clean share classes in the UK for its Kon-Tiki, Global and Vekst equity funds.

EQUITIES

Skagen has appointed a new portfolio manager, Hilde Jenssen, to the emerging markets focussed Skagen Kon-Tiki team.

Skagen is changing the investment strategy of its €921m global equity offering, the Skagen Vekst fund, to expand its investable universe and reduce dependence on the Norwegian energy sector.

Erik Landgraff

Global equity manager Torkell Eide is to exit Skagen after four years at the company.

Ross Porter, a co-manager of the €6.32bn emerging market focused Skagen Kon-Tiki fund, has decided to leave the group after 13 years.

RUSSIA