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JPMorgan Chase buys Nutmeg
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Thrugelmir said:JPM have a stable of highly successful IT's. Built on a globally based investment management framework. Nutmeg gives them the front end consumer window to exploit this. With costs falling all the time. Vanguard does increasingly appear to do little for their fee. The competition is getting more intense.0
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JPMorgan Chase has this week struck a deal to purchase UK digital investment platform Nutmeg. Both firms have confirmed there will be no change for Nutmeg customers for now, although they've promised a wider range of products and services in future.
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