Nice summary of Nutmeg, curious to see Nutmeg in 2020...as ROBO economics are not very attractive...at this scale
Nutmeg chooses investments for customers based on the outcome they are investing towards, rather than what risk profile they identify with From its premises on a south London backstreet, Nutmeg is busy plotting a revolution in retail investment. The start-up is the first British example of a new breed of “robo-advisers” that promise a form of online wealth management for the masses. Nick Hungerford, the company’s founder, used to work for Barclays Wealth, but he’s come a lot further than the short, five-mile hop across town from Canary Wharf’s skyscrapers to planning an imminent move into the old Marmite factory in Vauxhall.