Wealth and Asset Management
Nutmeg losses hit £40m in 2024 despite £2bn asset boost
Nutmeg has filed another tough set of results, with losses hovering around £40m for a second successive year despite a near £2bn jump in assets. The JP Morgan-owned robo-adviser saw assets rise from £5.6bn to £7.4bn in 2024, with fee income also growing from £31.3m to £39.3m. However the challenge…
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