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Is the future of investment advice robotic? BlackRock and Fidelity are among the asset managers looking at offering robo-advice services to investors in the UK, and many of the high street banks are also considering the potential of automated advice. Meanwhile Nutmeg, the online investment manager, has grown at a rapid rate and has attracted tens of thousands of clients. What are the opportunities and threats for asset managers? Could robo-advisers be the solution to the advice gap, and what will be the impact of these digital services on traditional advice and wealth management businesses? Our expert panel looks at the issues.
