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Nutmeg losses grow 55% as JPMorgan takeover beds in
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fnlondon.comDigital wealth manager Nutmeg continues to report significant losses in the wake of its takeover by JPMorgan.
Losses at the firm, a leader in the UK robo-advice market, increased by 55% in 2022, rising from £19.3m to £29.9m, according to its latest results.
While revenue grew by 27% from £21.6m to £27.5m, operating expenses jumped from £37.3m...
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