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Portfolio Manager Appointment – SKAGEN Global

We are pleased to announce that Midhat Syed will join SKAGEN Global as Portfolio Manager, effective 1 November 2025, succeeding Chris Tommy Simonsen, who will step down at the end of November. 

Date: 17/09/25

Midhat Syed will join SKAGEN Global as Portfolio Manager on 1 November 2025.

Midhat will work alongside Lead Portfolio Manager Knut Gezelius, strengthening the portfolio management team with her extensive experience in asset management. She joins from Herfo Finans, a Norwegian single-family office, where she held the role of Investment Manager. Prior to that, she spent over a decade at SKAGEN (2010–2023), holding various roles, most recently as Portfolio Manager for the SKAGEN Select fund-of-funds range and Manager Researcher. 

“We are delighted to welcome Midhat back to SKAGEN. Her deep industry knowledge, proven investment expertise, and strong analytical background will be a valuable asset to SKAGEN Global and its unitholders. Midhat brings an impressive track record and is a CIFD, CIPM, and CFA Charterholder,” said Alexandra Morris, Investment Director. 

“I wish Midhat a warm welcome to SKAGEN Global and look forward to working with her to navigate the global equity market together,” added Knut Gezelius, Lead Portfolio Manager of SKAGEN Global. 

At the same time, Chris Tommy Simonsen will be leaving the fund management team to take up a new position at Norwegian investment company Salt Capital.  

“We thank Chris Tommy Simonsen for his significant contributions to SKAGEN and SKAGEN Global. We wish him continued success in his future role,” commented Alexandra Morris. 

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.

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