Norwegian mutual fund Skagen AS bought additional 1.151 million shares in paper maker Vinda at CNY 10.472 a share on average on April 26, lifting the long-term position to 7.04% from 6.93%.
Skagen, one of the largest funds in North Europe, has won numerous prizes after the establishment in 1993. Its member SKAGEN Kon-Tiki Fund won the highest rating AAA from Standard & Poor's in 2007 and its investments in Hong Kong were not large in the past.
Source:
http://www.sinocast.com/readbeatarticle.do?id=93006
