28 April 2023, London: Sparrows Capital, a multi-award-winning investment services firm, has secured an investment from FNZ Ventures, the corporate venture unit of FNZ, the global wealth management platform, to further develop its low-cost evidence-based technology and proposition.
Sparrows Capital harnesses data, evidence, and research to better understand risk and produce clear and objective rules for investing. Conclusions from academic studies are distilled into global, liquid, index-based multi-asset investment portfolios intended to harvest market returns across the economic cycle.
Sparrows Capital’s approach is to learn from the market instead of trying to outsmart it. This evidence-based approach identifies risks which attract persistent premiums, improves diversification, and delivers the underlying market return efficiently across the full cycle. Critically, the firm’s research base shows stock picking and market timing seldom add value – enabling it to charge lower fees by eliminating speculative activity.
Sparrows Capital’s portfolios are delivered through investment platforms including Aviva, Embark and Quilter. The firm enjoys a Defaqto 5-star Expert rating for discretionary fund managers.
Yariv Haim, Sparrows Capital CEO, said, “In FNZ Ventures we find an investment partner who shares our vision and ethos. We are absolutely delighted that FNZ Ventures has recognised the important role that Sparrows Capital plays in leveraging platform technology to deliver tangible value and predictable outcomes to investors. Value for money needs to be front of mind for the industry as it engages with the FCA’s Consumer Duty.”
Din Mustaffa, FNZ Group Chief Strategy Officer, added, “The delivery of optimum investment solutions to investors through state-of-the-art technology and timely data remains topical in the wealth management sector.
Sparrows Capital’s service is part of the FNZ AppConnect ecosystem, available for all our platform customers and their clients, fostering choice and competition in the industry."
Sparrows Capital’s focus on lowering the cost of advice and investment servicing is well aligned to our mission of opening up wealth and making wealth management more accessible to more people.