CIO Update: Are stock markets returning to normal?
By: Alexandra MorrisThe third quarter saw a broadening of the equity rally and the emergence of several factors that signal a stabilisation of market conditions.
Investment Director
Alexandra has the overall responsibility for the portfolio team and the investments in SKAGEN’s funds.
She is responsible for ensuring that SKAGEN’s value-based investment philosophy is adhered to.
The third quarter saw a broadening of the equity rally and the emergence of several factors that signal a stabilisation of market conditions.
As a dwindling number of stocks drive global equity returns, what are the implications for markets and investors?
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.