Losses at Nutmeg narrowed in 2020, as the digital wealth manager made hay from pandemic-induced savers and first-time investors.
The firm – subsequently purchased by JP Morgan Chase – posted a pre-tax loss of £16.4 million in full-year 2020, down 26 percent on 2019’s £22.3 million loss. Cumulative losses since Nutmeg’s inception in 2012 amounted t...
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