He is the CEO and a co-founder of the Connecticut-based hedge fund, Viking Global Investors.Viking had $24 billion under management as of October 2017.
(Norway has one of the world’s largest sovereign wealth funds generated from oil revenue. However, as oil demand declines due to the advent of electricity fuelling tomorrows mass transportation rather than fossil fuel this could change).
Andreas Halvorsen has consistently ranked among the top-earning hedge fund managers, placing 11th in Forbes’ 2012 rankings and 9th in 2015, according to Institutional Investor’s Alpha.
Andreas Halvorsen has a net worth of US$3.6 billion (2018).
He graduated from the Norwegian Naval Academy and then served as a leader of a Norwegian SEAL team.
He graduated in 1986 with a degree in economics and earned an MBA from the Stanford University School of Business in 1990.
Andreas Halvorsen worked in the investment banking division of Morgan Stanley after finishing his studies. Then he moved to Tiger Management Corp, where he was a senior managing director, as well as an analyst and director of equities, and a member of the management committee.
In 1999, Halvorsen left Tiger to co-found Viking Global Investors.
Andreas Halvorsen is the CEO and a co-founder of the hedge fund, Viking Global Investors. Viking had $24 billion under management as of October 2017
Andreas Halvorsen takes a long-term focused investment approach. He uses fundamental analysis to select investments across industries and geographies. He takes an interest in the management team of the companies which he invests in.
His Fund is skewed heavily towards technology. Many of its biggest holdings as of March 31 were technology companies, including Facebook Inc., Microsoft Corp., and Alphabet Inc.
So he could be vulnerable in the short term, particularly if a sell-off in the tech sector were to occur sometime in the near future.
Our job is to achieve maximum capital appreciation commensurate with reasonable risk – Andreas Halvorsen
Andreas Halvorsen is a bottom up stock picker and looks for fundamental when making his stock selections. Viking Global analysts are encouraged to become industry specialists, understanding the companies they cover in fine detail.
In a 2013 interview, Andreas Halvorsen said that good management teams “are extremely underappreciated” for their ability to grow market share. He said that when analysing a company, he likes to speak to competitors and suppliers to understand the competitive landscape. He then speaks to the management team to see if their understanding of the competitive environment is similar to his.
There were three important tenets of our past structure that we will retain in our new model. One, the firm will be able to establish large positions and introduce concentration in the very best ideas; two, at least two senior portfolio managers will be involved when large positions are taken; and three, there will be a complete separation between portfolio and risk management – Andreas Halvorsen
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Dan Loeb targets Sony. Dan Loeb is an activist investor and founder of Third Point, which oversees about $14.5 billion in assets.
Last year the activist investor viewed Campbell soup as a bargain when Third point reported that the soup maker could fetch a takeover value of $52 to $58 per share.
A year later and the activist investor Dan Loeb targets Sony
Dan Loeb's activist hedge fund Third Point is raising an investment vehicle to generate between $500 million and $1 billion so it can continue to buy Sony shares, according to a recent report in Reuters.