UK economy contracts 0.1% in October
Falling below expectations of a modest 0.1% increase, according to the ONS
Nutmeg
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Nutmeg CEO exits one year after JP Morgan takeover
Neil Alexander is ‘taking a break’, according to his Linkedin profile
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See ya, squirrel – Nutmeg refreshes look as client base matures
Out with the animals and in with the shapes for robo adviser
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John Lewis looks to tap into DIY investing boom with Nutmeg partnership
Record number of UK adults became DIY investors last year but doubts investment will sell with sheets, towels and dining room furniture
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JP Morgan Chase strikes deal to acquire robo-adviser Nutmeg
Acquisition forms part of US financial giant’s plans to launch a digital bank in the UK later this year
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Loss-making Nutmeg hits £3bn AUM as it inches towards profitability
Digital wealth manager saw a 230% year-on-year increase in net inflows
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JPMAM taps into UK robo advice space through Nutmeg partnership
JP Morgan’s hiring of Shaun Port last year prompted speculation about its robo advice ambitions
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How to stop robo-advisers malfunctioning
Moola becomes the latest digital wealth manager to close its doors
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Nutmeg chief executive Martin Stead to exit
High-profile departure comes shortly after Shaun Port exited to JP Morgan
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Shaun Port hire fuels speculation about fresh ventures at JP Morgan
Ex-Nutmeg CIO started out in the private client space before heading into robo advice
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Hargreaves serves as warning for retail investors eyeing Nutmeg
It could take decades for the £1.5bn robo adviser to reach critical mass
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Nutmeg urged to spell out 0.15% rate on new cash offering
Brexit could drive interest in the automated offering that drip-feeds into portfolios