View more on these topics

Nutmeg launches new ESG portfolio range

Digital wealth manager Nutmeg has launched a new 10-strong suit of socially responsible portfolios.

The firm says the range will be “fully managed” and “globally diversified” as it also launches a scorecard for all its investments to rate them on environmental, social and governance factors.

Nutmeg claims the ratings deal with analytics firm MSCI makes it the first UK wealth manager to give an ESG score for its entire investment range.

Nutmeg chief investment officer Shaun Port says: “Whether it’s ethical, green, sustainable, ESG, or socially responsible, it isn’t always clear what these labels mean for investments, or investors. For too long many investments have hidden behind these terms without defining the purpose they are serving.

“There’s very little information for people who want to know if their investments are in line with their values; be they reducing carbon emissions, gender equality on boards or a business’ management of their data.”

Can Nutmeg conquer advice?

Existing Nutmeg customers will be able to switch to the risk-rated, socially responsible investing portfolios if they wish.

The Nutmeg management fee for managed portfolios is 0.75 per cent up to £100k, 0.35 per cent beyond. The average fund cost is 0.33 per cent and average market spread cost is 0.08 per cent, according to the firm’s website.


Amber Rudd to return as work and pensions secretary

Former home secretary Amber Rudd is set to return to the cabinet as work and pensions secretary, according to reports. The appointment follows the departure of Esther McVey yesterday over her refusal to back the government’s draft Brexit deal. According to reports, Rudd, a remainer, was offered the job after environment secretary Michael Gove spent […]

Health - thumbnail

Absence management systems gone AWOL from UK’s SMEs, reports Jelf

A quarter (23 per cent)* of the UK’s small to medium-sized enterprises (SMEs) do not have an absence management system in place, according to new research from Jelf Employee Benefits. Despite 69 per cent* of organisations having a system in place, three-quarters (75 per cent) report that it is not providing them with sufficiently empowering absence or health data to inform an effective wellbeing programme.


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers. Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and thought leadership.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm