Savana Asset Management

What Savana Asset Management does

Savana Asset Management Pty Ltd is an Australian funds management company founded in 2022 and headquartered at 10 Tudor Street, Surry Hills, NSW. The firm operates as a specialist active ETF provider targeting Australian retail, wholesale and institutional investors seeking differentiated exposure to US small-cap equities — a segment where it is positioned as Australia’s only actively managed solution on the ASX. Its sole live product is the Savana US Small Caps Active ETF (ASX:SVNP), launched on 6 November 2024 after a paper-trade validation period from July 2022 to November 2024.

The company’s core technology is a proprietary algorithmic investment engine built on more than a decade of R&D in collective intelligence and complex adaptive systems theory, with research lineage tracing to the Santa Fe Institute. The engine evaluates over 60,000 global equities daily, scoring each company on a continuous valuation scale where values below 0.5 indicate undervaluation and above 0.5 indicate overvaluation. Portfolios are constructed systematically as concentrated 30–50 stock positions, rebalanced approximately every two months, applying minimum market capitalisation (US$500 million) and liquidity filters. The framework has been validated through more than 100 contemporaneous paper-trade portfolios across global equity markets and a 10-year statistical study (2015–2025) linking valuations to forward returns.

Savana generates revenue through a 1.00% p.a. management fee and a 15.00% p.a. performance fee (subject to a high watermark) on SVNP’s net asset value. The fund is issued by K2 Asset Management Ltd, while Savana operates as a Corporate Authorised Representative of Fat Prophets Pty Ltd under AFSL No. 229183. Distribution is via the ASX, with units tradeable through any broker. The firm has publicly disclosed ambitions to scale into a multi-product active ETF platform with a pipeline of 20–50 ETFs spanning Australian small-cap, global small-cap and other strategies.

Name

Savana Asset Management

Legal name

Savana Asset Management Pty Ltd

Website

https://savana.ai

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

1–10 employees

Short description

Savana Asset Management is an Australian active ETF provider using a proprietary algorithmic valuation engine to identify undervalued US small-cap companies. It operates the Savana US Small Caps Active ETF (ASX:SVNP) and is developing a 20+ product ETF pipeline.

Ownership category

akta.pro rank

NAICS

Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394), Open-End Investment Funds (52591)

SIC

Investment Advice (6282)

akta.pro primary industry

Portfolio Management–Led RIAs (Discretionary/Model-Based) (FSAAACAC)

Keywords

• Active ETF management
• Algorithmic investment strategies
• Systematic equity investing
• Small-cap ETF funds
• Funds management services

Headquarters

HQ city

Sydney

HQ country

Australia

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Management Fees: Management fee of 1.00% (incl. GST & RITC) of net asset value, charged on the total FUM of the Savana US Small Caps Active ETF (ASX:SVNP). This is the primary recurring revenue stream from the listed ETF.
2. Performance Fees: Performance fee of 15.00% (incl. GST & RITC) of the difference in the Fund's return (net of management fees) relative to its benchmark return, subject to a high watermark. This creates alignment between the firm's incentives and investor outcomes.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Savana Asset Management is a funds management company that provides cutting-edge algorithmic technology to identify mispriced securities. It operates a proprietary investment engine that analyses 60,000+ global equities daily using diverse independent valuation signals, and currently delivers this capability through one listed product — the Savana US Small Caps Active ETF (ASX:SVNP), Australia's first active US small-cap ETF on the ASX, which holds a concentrated portfolio of 30–50 undervalued US small-cap and mid-cap companies rebalanced roughly every two months.

Product overview

Savana Asset Management is a next-generation active ETF provider that uses a proprietary algorithmic investment platform to deliver systematic, disciplined active investing. The company's sole product is the Savana US Small Caps Active ETF (ASX: SVNP) - Australia's first active US small-cap ETF listed on the ASX, launched in November 2024. The fund leverages Savana's proprietary investment engine, which analyzes over 60,000 global equities to identify undervalued and overlooked companies by systematically applying diverse valuation signals. The engine transforms collective intelligence research into a repeatable investment process designed to exploit market mispricing. The company has plans to expand its ETF suite with Australian and global small-cap strategies, targeting up to 20 ETFs over coming years.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• 12.05% per annum outperformance of S&P Small Cap 600 benchmark since inception (6 November 2024 to May 2026)
• +6 more outcomes

Named customers1 record

Segments2 records

Ideal customer profiles2 records

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability4 records

Feature4 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Evan Metcalf (Individual)coreOthers · 27 October 2025Evan Metcalf, former CEO of Global X ETFs Australia, joined Savana as Executive Director in October 2025. His experience building Global X into a leading ETF issuer is expected to help Savana scale from proven technology into global distribution.
• K2 Asset Management LtdcoreOthersK2 Asset Management Ltd (ABN 95 085 445 094, AFS Licence No 244393) is the issuer of the Savana US Small Caps Active ETF (ASX:SVNP). K2 is a wholly owned subsidiary of K2 Asset Management Holdings Limited and serves as the registered management company for the fund.
• Fat Prophets Pty LtdcoreOthersSavana Asset Management is a Corporate Authorised Representative (No. 1308949) of Fat Prophets Pty Ltd (AFSL No. 229183). Fat Prophets provides the AFSL authorisation under which Savana operates as a funds management company.
• Apex Fund Services Pty Ltd (Unit Registry)minorOthersApex Fund Services Pty Ltd serves as the unit registry for SVNP. Investors can contact the unit registry at [email protected] or 1300 127 780 for holdings enquiries, confirmations, and statements.

Scale indicators12 records

Recent moves7 records

Expansion highlights4 records

Broad incumbents

• iShares (BlackRock): BlackRock's global ETF franchise offers an extensive US small-cap ETF range (e.g., IJR) frequently accessed by Australian investors via international brokers — establishes the scale benchmark SVNP must compete against and serves as a direct substitute for investors seeking broad US small-cap exposure.
• ETFS / VanEck Australia: Established ASX-listed ETF issuer offering thematic, factor and US equity exposure including small-cap products — directly contestable to SVNP on Australian distribution and US small-cap exposure but operating a broader, more mature shelf.

Emerging players

• AQR Capital Management: Global quantitative asset manager applying factor-based and systematic strategies to global and US equity markets — comparable on discipline of using academic finance to systematically harvest mispricing, although AQR focuses more on multi-factor strategies at institutional scale than US small-cap stock selection specifically.

Direct peers

• Magellan Asset Management: Australian active equities manager offering systematic and fundamental global strategies to advised clients — comparable in operating a flagship active equity strategy in the Australian market, with significant adviser/wholesale distribution overlap.
• Dimensional Fund Advisors: Global systematic investment manager with deep roots in academic finance (Dimensional's framework is similar to Savana's Santa Fe roots) offering rules-based equity portfolios — comparable on philosophy of using academic research and systematic rules-based portfolio construction.
• WisdomTree: ETF issuer specialising in quantitatively-driven, fundamentally-weighted strategies across US small-cap and global equities — directly comparable in using proprietary academic research frameworks to systematically exploit inefficiencies in indices like Russell 2000 and US small caps.
• Global X Australia (Mirae Asset): ETF issuer specialising in thematic, factor and US equity ETFs listed on the ASX — directly comparable on customer base (Australian retail and adviser channels), US small-cap/thematic coverage, and product structure, and the company where new Executive Director Evan Metcalf previously served as CEO.
• Betashares: Australia's largest independent ETF issuer with a broad active and passive product shelf, including Australian small-cap and global equities funds targeting retail and adviser channels — directly comparable as Savana explicitly benchmarks itself against Betashares and seeks to become 'the new Betashares' for active ETFs.
• Plato Investment Management: Sydney-based systematic equities manager applying quantitative techniques to Australian and global equity portfolios — directly comparable on quantitative methodology, philosophy of digital/algorithmic stock selection, and Australian institutional/wholesale client base.
• Antipodes Partners: Sydney-based active equities manager operating systematic/value-oriented global and US strategies through an unlisted managed fund structure — comparable in focus on mispricing opportunity sets, systematic process, and Australian wholesale/advised investor base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInau.linkedin.com/company/savana-ai
• Xx.com/Savana_Ai_

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Savana Asset Management