Sector Asset Management Asa (Oslo)


Sector Asset Management Asa is an adviser based in Oslo. It manages $830 million of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2005.

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Sector Asset Management A provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Sector Asset Management A: assets under management

The assets under management (AUM) of Sector Asset Management Asa is $830 million. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.


The firm manages $480 million in discretionary accounts and $350 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $480 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $116.67 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Sector Asset Management Asa for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Sector Asset Management Asa

Peter Aronsen Andersland has been acting as President since 1 Dec 1999. Allan Akerstedt joined the executive team most recently as the Director.

Direct owners and executive officers



Name Entity Date acquired Ownership Employer ID
Peter Aronsen Andersland Director/ceo 1 Dec 1999 Other 5065493
Hvide Wollert Director 1 Dec 1999 Other 5065496
Eide Gudrid Cfo/cco 1 Jun 2000 Other 5065497
Ingvar Straume Director 1 Aug 2002 Other 5067360
Sector Asset Management As Shareholder class b 1 Jun 2004 50% - 75% foreign entity
Prieren As Shareholder class a and class c 1 Jun 2004 25% - 50% foreign entity
Gamma Capital As Shareholder class a and class c 1 Jul 2004 25% - 50% foreign entity
Hanna Kaisa Nikkanen Coo 1 Sep 2004 Other 5067369
Allan Akerstedt Director 1 Aug 2005 Other 5067363

Indirect Owners

The SEC currently registers 2 indirect owners.

Name Entity Date acquired Ownership Employer ID
Hvide Wollert Shareholder 1 Jun 2004 75% - 100% 5065496
Peter Aronsen Andersland Shareholder 1 Jul 2004 75% - 100% 5065493

Based in Oslo

The principal office where Sector Asset Management Asa performs its advisory services is located at Filipstad Brygge 2, Oslo, 0125, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 47 2301 2900 or by fax 47 2301 2901. The normal business hours are 9am-5pm cet on Monday - Friday. You can find more information about the New York firm at www.sector.no.