Key Structural Changes at Storebrand Asset Management
Effective from 30 October 2025, Storebrand Asset Management is set to merge with SKAGEN AS. Despite the merger, the familiar investment team from SKAGEN will continue overseeing the SKAGEN equity fund range. This continuity aims to reassure investors about the management of their assets during this transitional phase.
Updates to the Fund Prospectuses
With the merger, there is a need to update the related fund Prospectuses managed by Storebrand. This now reflects that investment management services will no longer be handled by SKAGEN AS as an independent entity. The changes are significant as they exhibit Storebrand's commitment to clarity and transparency in its operations.
Adjustments Beyond the Merger
Some additional modifications in the Prospectuses include:
- Clarification of the cut-off time for fund-of-funds and feeder funds. This ensures earlier trading deadlines are possible, although trading at Nasdaq Copenhagen remains unaffected.
- Enhanced wording in the Objective and Investment Policy section for the Storebrand Global Multifactor fund, ensuring investors have precise information about the fund’s goals.
- Minor adjustments to details regarding the management company, reinforcing transparency.
- General linguistic adjustments to improve clarity in documentation.
Effective Date for New Prospectuses
The updated Prospectuses took effect on 30 October 2025, and they are provided to investors for their review. For inquiries or further information, the Storebrand Asset Management team is ready to assist.
About Storebrand Asset Management
Storebrand stands out as Norway's leading private asset manager, boasting approximately DKK 1000 billion in assets under management. The firm has earned its reputation as a forerunner in ESG investing, having built a foundation in sustainable investing for over 25 years. Storebrand offers a diverse range of investment solutions designed to meet the needs of both institutional and private investors in the Nordic region and beyond.
Through its multi-boutique platform, Storebrand incorporates various brands, including Delphi Funds and SKAGEN Funds, to provide scalable and sustainable investment options, ensuring client value remains at the forefront.
Fund Offerings and Their Symbols
Storebrand Asset Management offers a variety of funds, each with unique identifiers that help investors easily navigate their choices:
- SKAGEN Focus A - Symbol: SKIFOA
- SKAGEN Global A - Symbol: SKIGLO
- SKAGEN Kon-Tiki A - Symbol: SKIKON
- SKAGEN m2 A - Symbol: SKIM2
- SKAGEN Vekst A - Symbol: SKIVEK
- Storebrand Indeks – Alle Markeder A5 - Symbol: STIIAM
- Storebrand Indeks – Nye Markeder A5 - Symbol: STIINM
- Storebrand Global ESG Plus A5 - Symbol: STIGEP
- Storebrand Global Solutions A5 - Symbol: STIGS
- Storebrand Global Multifactor A5 - Symbol: STIGM
Frequently Asked Questions
What is the significance of the merger between Storebrand and SKAGEN?
The merger streamlines investment management, allowing the same experienced team to manage SKAGEN funds under the Storebrand umbrella, ensuring continuity for investors.
When do the new Prospectuses take effect?
The updated Prospectuses were effective starting from 30 October 2025, reflecting all necessary changes for transparency.
What adjustments have been made to the fund Prospectuses?
Changes include clarifying cut-off times for trading, refined wording in fund objectives, and other minor updates to improve clarity.
How does Storebrand Asset Management stand out in the market?
With assets under management totaling around DKK 1000 billion, Storebrand is recognized as Norway's largest private asset manager and a leader in sustainable investing.
Who can investors contact for more information?
Investors can reach out to Henrik Budde Gantzel at henrik.budde.gantzel@storebrand.no or Frode Aasen at fdc@storebrand.com for further queries.
