Smedvig Asset Allocation AS does its own portfolio management. The company has hired two external advisors. These advisors are Grieg Investor ASA and Albourne Partners Limited. Grieg Investor ASA is supervised by the Financial Supervisory Authority of Norway. All investment decisions are made by Smedvig Asset Allocation AS. A great portion of the assets under management are invested in mutual funds, hedge funds and third party property funds, and are thus indirectly subject to external management.