First downgrade since 1989
Chairman Chris Hill to step down
Volatility Managed sector constituents revealed
Takes immediate effect
Now rates 61 passive products
Responds to FCA study
Combined group would incorporate both brands
'Entrepreneurialism back in fashion'
In responses to Market Study
Professional investors caused trading suspensions
UK Income fund launch planned
Follows recent appointment of George Osborne
Up by 2% over the whole year
Joining Reigate-based firm
Amid challenging market conditions
Though exit process could 'amplify' other risk areas
'Sorry and embarrassed'
Would allow for 'smoother transition'
Annual revenue growth to halve by 2021
Reaction to Barclays D2C platform plans
Liquid alternative products
Also boosted by Trump's spending plans