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Skagen shuts down activist fund after two years following low interest

Storebrand-owned fund company Skagen has closed its Insight fund after failing to attract enough assets.

Photo: Skagen Fondene/PR

Skagen has closed its activist-focused Insight fund after the niche strategy failed to attract enough assets, according to newssite Citywireselector.com.

The Storebrand-owned fund company liquidated the fund on 23 January. It was originally launched in September 2017.

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