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Former Merrill Lynch trader to launch Nutmeg rival

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A new rival to Nutmeg is soon to launch in the UK for the retail market, led by former Merrill Lynch interest rate trader Daniel Tammas-Hastings. RiskSave Technologies is described as a ‘robo-investing platform’ focusing on risk management. ‘We think that by buying into a robo-adviser you are guaranteeing underperformance…

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