Norway’s SKAGEN Funds has entered the UK wholesale market with the launch of four equity and fixed interest funds on the Transact wrap platform.

SKAGEN regards the advisory and wealth management channel as key to its expansion plans for the UK market and has said that it will look to “work closely with a small number of select distributors” going forward.

The SKAGEN vehicles now available to Transact users are: SKAGEN Global (global equities); SKAGEN Vekst (Norwegian / global equities) and SKAGEN Tellus (global government bonds); and SKAGEN Kon-Tiki (global emerging market equities). (To view a recent interview with Kon-Tiki’s manager, click here.)

SKAGEN, which was founded in 1993, has around £13 billion ($20 billion)  in assets under management, as at end-January.