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'Customers should not have been exposed to the risk at all'
Will step down at the end of 2018
Growing pressure from a subdued economy and Brexit
Appointed head of US equities
Pre-tax profits top £1m
YoY growth revised downwards on poor Q1 weather
Assumes role in January
TER of 0.86%
Driven by introduction of Capital Markets Union
Index provider predicts passive inflows of $10bn