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JPMorgan Chase buys Nutmeg
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Yes just noticed. I have an investment with Nutmeg and it's been performing rather well. Their fees are quite high though and they haven't yet reported any profits.
They recently began to offer JP Morgan Alpha managed funds, so this must have been on the cards for a while.
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To compete with the likes of Vanguard. Needs to boost funds under management. Building scale takes time if done organically.0
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High fees, but running at a loss into the millions, some creative accounting going on there I think! : )Think first of your goal, then make it happen!0
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barnstar2077 said:High fees, but running at a loss into the millions, some creative accounting going on there I think! : )0
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barnstar2077 said:High fees, but running at a loss into the millions, some creative accounting going on there I think! : )3
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Thrugelmir said:barnstar2077 said:High fees, but running at a loss into the millions, some creative accounting going on there I think! : )Think first of your goal, then make it happen!0
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barnstar2077 said:Thrugelmir said:barnstar2077 said:High fees, but running at a loss into the millions, some creative accounting going on there I think! : )0
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I believe JPMorgan will be launching a range of direct-to-consumer offerings in the coming months. This may be part of their overall strategy and direction for the UK market.
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ivormonee said:I believe JPMorgan will be launching a range of direct-to-consumer offerings in the coming months. This may be part of their overall strategy and direction for the UK market.1
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colsten said:ivormonee said:I believe JPMorgan will be launching a range of direct-to-consumer offerings in the coming months. This may be part of their overall strategy and direction for the UK market.1
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