Insparo Asset Management has appointed Throgmorton to deliver a full range of accountancy and back office services.

Insparo will use Throgmorton’s full suite of services for its management vehicles, including managing the firm’s human resources, payroll, secretarial data, company accounts, and tax compliance. Increased risk-reduction, enhancement of controls, project management, flexibility and improved processes are among the advantages Throgmorton’s service offers. Outsourcing also provides financial advantages in the areas of capital and back-office cost savings.

Andrew Rubio, Chief Executive of Throgmorton, commented: “The decision to outsource is an increasingly widespread trend among investment managers and it’s easy to see why so many have signed up for these services. It allows the in-house teams of firms like Insparo to concentrate fully on providing high returns to their investors, while an external expert handles the manager’s processes. Outsourcing provides a tangible benefit to managers and their investors, and this is a trend we expect to see becoming even more common.”

Jon Laidlow, COO of Insparo Asset Management, commented: "We are pleased to appoint Throgmorton as our outsourced back office service provider. The benefits they will offer through increasing our in-house resource is a value-add for our investors that we can pass on via an enhanced service. Moreover, the partnership will give Insparo greater freedom to do what we do best; manage money for our investors.”