Smedvig Asset Allocation AS, which is based in Stavanger, was founded in 2005 to manage the family’s cash, fixed income, mutual funds, hedge funds and non domestic property funds. The company seeks to invest with best-of-breed fund managers. The overall goal is to achieve long term capital growth within acceptable risk parameters. The goal implies that the emphasis will be on identifying the very best, consistent, high alpha generating asset managers. Due regard will be taken to minimize costs and fees.
Smedvig Asset Allocation AS is authorized and regulated by the Financial Supervisory Authority of Norway (Finanstilsynet). The Company received its authorization to conduct discretionary asset management services and to provide investment advice in October 2007.
Smedvig Asset Allocation is the investment manager for Smedvig Funds Plc.