Hargreaves serves as warning for retail investors eyeing Nutmeg
It could take decades for the £1.5bn robo adviser to reach critical mass
It could take decades for the £1.5bn robo adviser to reach critical mass
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Brexit could drive interest in the automated offering that drip-feeds into portfolios
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Goldman Sachs is now a shareholder in the digital wealth manager
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Robo-adviser previously stated it didn’t offer ethical portfolios as there is ‘no set definition’
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Robo-adviser says flat fee offering will help address the advice gap
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Robo-adviser is offering tailored recommendations for £350
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The Financial Ombudsman Service has ordered Nutmeg to pay a former client for “numerous mistakes” surrounding direct debits on his pension plan that were likely to cause irritation.
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Brexit-voting fund managers are more likely to be positive on the outlook for the UK economy, according to Nutmeg investment manager James McManus.
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Nutmeg investment manager James McManus has said there is plenty of room for fees on core exposure in UK and gilts passives to catch up with US tracker funds, as he outlines the robo-adviser’s investment process from asset allocation to legal T&Cs.
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Nutmeg, the online investment manager, saw losses rise to £9.3m last year despite a surge in customer numbers.
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Online wealth manager Nutmeg will launch ‘fixed allocation’ portfolios alongside its managed portfolios, it revealed on Friday.
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A universe of 200 ETFs provides Nutmeg’s Shaun Port and his team with an impressive toolkit with which to navigate the complex markets following the recent unexpected political events in the UK and the US.
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