UK-based consultant Redington to advise independent Norwegian wealth manager Forvaltningshuset
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Independent Norwegian wealth manager Forvaltningshuset has appointed Redington, a UK-based investment consultant, as its investment advisor.
The appointment will see Forvaltningshuset’s client base of investment companies, foundations and high-net worth individuals gain exclusive access to Redington’s market-leading strategic asset allocation and manager selection advice in Norway.
Redington is one of Europe’s largest and fastest growing investment consultants, advising over £450bn of assets for institutional clients. The deal represents a clear sign of the firm’s commitment to grow internationally and service new client markets.
Pete Drewienkiewicz at Redington said: “We are delighted to work with Forvaltningshuset. There is clear alignment between Redington and Forvaltningshuset through our abiding focus on client outcomes and commitment to an independent business model. We see Norway as an exciting market with great growth potential, and we believe Forvaltningshuset is the perfect partner in Norway as we continue to grow our global presence.”
Michael Sivertsen, Managing Director of Forvaltningshuset, said: “The appointment of Redington will further enhance our advisory offering and will be unique in the Norwegian market. We have found a partner that shares our values and investment philosophy. By focusing on the individual client’s investment goals, we can offer Norwegian investors robust solutions without any kind of conflicts of interest.”