Sparrows Capital is a London investment office with no interest in timing markets or picking individual stocks. Alex Newlove spoke to its chief executive Yariv Haim about the firm’s unusual origins.
In 2006, Yariv Haim’s boss, the head of a wealthy Israeli family, was becoming frustrated.
He would visit one of his investment managers, who would show him a series of charts and tell him he needed to be defensively positioned for a market crash. But another appointment, with a different manager, would reveal the latter’s upbeat outlook and risk-on approach. This conflicting advice was becoming expensive and ...