Schroders buys stake in online wealth manager Nutmeg


Schroders is among a group of investors to have acquired a $32m (£18.8m) stake in online wealth manager Nutmeg.

Schroders is joined by other high profile investors including Michael Spencer, chief executive of interdealer broker ICAP. Massimo Tosato (pictured), executive vice-chairman at the fund group, will...

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