Sparrows Capital Limited

We’re delighted that the full SCore MPS suite is now available on the Elevate platform. This brings the number of live platforms to 15. SCore MPS is designed to help advisers serve their clients by: - Strengthening their value proposition to meet Consumer Duty demands - Delivering excellent and consistent outcomes - Addressing the time/cost/value/regulatory burdens of in-house models Come and find out more!

Is the DFM community lagging in fee structure innovation? While the advice community has restructured fees post-Consumer Duty, discretionary fund managers (DFMs) seem slower to adapt. In a recent interview with Professional Adviser, our very own Mark Northway points out that many DFMs still charge based on AUM, which may not align with the actual workload. At Sparrows Capital, we are challenging this with our capped fee model, which we believe is a game-changer. We're committed to innovation that directly benefits clients. With the growth of our MPS offering, we’re seeing more advisers prioritise both price and performance.  Is it time to rethink the fee model for better client outcomes? #SparrowsCapital #DFM #MPS #ConsumerDuty #ClientFirst #WealthManagement #FinancialInnovation #ModelPortfolios

Private investment firm Sparrows Capital Limited Capital has appointed Helen Mason to a newly created marketing manager role. In recent months, Sparrows Capital has aimed to bolster its managed portfolio service (MPS) business for financial advisers and wealth managers, hiring Arnie Millington from 7IM as head of partnerships. Sparrows Capital has also partnered with Just Group plc to deliver SCore-D, an innovative decumulation proposition retirement product to support advisers in retirement. Helen joins Sparrows Capital as the firm embarks on a marketing review to further improve brand awareness. She is a CIM certified marketing expert with a proven track record in financial services and B2B. She has previously held senior marketing roles at Floreat Group, and at Rathbones Group. Mark Northway, Head of Marketing at Sparrows Capital, said: “We have made great strides this year towards making investing simpler and more efficient for clients, which we have achieved through business expansion. “This latest recruitment of Helen Mason, an experienced marketer focused on the specific needs of advisers, wealth managers and private clients that make up our client base, will no doubt help us reach even more people with our evidence-based investment proposition.” #evidenceinvesting

Arnie Millington, Sparrows Capital Limited's newly minted Head of Partnerships, talks to WealthBriefing about the firm and its plans to build on its existing position in the wealth management sector. Sparrows Capital serves HNW individuals, family offices and others in a cost-effective way, following an objective, evidence-based investment philosophy. “Our vision for the next few years is to grow our popularity and brand, and to help as many people invest as possible. Our business model depends on scale, and we plan to grow accordingly. Milestones aren’t our focus and will take care of themselves if we grow in the right way and are profitable” https://lnkd.in/evGYgxNc

Arnie Millington, Sparrows Capital Limited's newly minted Head of Partnerships, talks to WealthBriefing about the firm and its plans to build on its existing position in the wealth management sector. “Our vision for the next few years is to grow our popularity and brand, and to help as many people invest as possible. Our business model depends on scale, and we plan to grow accordingly. Milestones aren’t our focus and will take care of themselves if we grow in the right way and are profitable” https://lnkd.in/evGYgxNc

Sparrows Capital Limited's Compliance Office, David Ogden looks back at one year of Consumer Duty, with a particular focus on value and cost. Value Assessments across the market remain disappointing, with many managers restricting their output to "we have reviewed our service and we are happy that it provides value" or similar. Not much use to man or beats! On the cost front, the regulator has steered the market toward peer group comparison, but is that the right approach? #evidenceinvesting

ETFs as a liquidity transformation mechanism - isn't the area of liquidity mismatch a well-trodden path? We're hearing talk of ETF providers eyeing private equity and less liquid assets, which is starting to ring bells in some quarters. In today's issue of ETF Stream's ETF Insider, Sparrows Capital Limited's Mark Northway looks at the issues and risks associated with liquidity mismatches in investment structures, and concludes that this is a dangerous path for the industry. Jamie Gordon, Robin Powell, 'JB' Beckett #evidenceinvesting

Interesting findings from Research Affiliates' Rob Arnott on the outperformance of index deletions. This highlights one of the hidden costs of indexing - the arbitrage activity around index changes. #evidenceinvesting

An interesting look by the lang cat into FNZ Group's acquisition strategy and process. FNZ's Din Mustaffa explains the role of acquisitions in driving growth, in ensuring that platforms remain integral to adviser workflows, and in developing a value-added ecosystem for the benefit of the end client. Din explains his criteria for successful acquisition, starting with the underlying product or service, then switching focus to management competence and style. It's a process we at Sparrows Capital Limited are very familiar with, and we're proud to have passed muster and to count FNZ as a very supportive shareholder. Adrian Durham, Sultan Khans, Rupert Dickinson LLB CA, Claire Finn, Elroy Dimson, John Bennett, Arnie Millington, Raymond Backreedy, David Ogden, Yariv Haim, Robin Powell, Ben Larter, Richard Acworth, Anna Lawlor, Robbie Lawther; Mark Polson

FT Adviser's Joseph Wilkins looks at the standout track record of J.P. Morgan's JPM American fund and asks how this outlier has managed to beat the most efficient market in the world over ten years. Sparrows Capital Limited's Mark Northway points to a rare mix of clear conviction, active share and robust institutional process. “It is incredibly difficult to beat a market benchmark consistently over time, and this performance and the associated consistency of style are to be praised,” he said. “JPMorgan houses more than its share of consistent alpha producers in both open-ended and closed-ended form which underlines the superiority of a highly professional corporate culture over the vagaries of star managers.” But over a ten-year horizon, the modest amount of overall alpha produced, combined with the risk required to achieve it, underlines the active/passive conundrum. #evidenceinvesting https://lnkd.in/eQvHepZ3