Managers remember Lehmans 10 years on: 'It was a lesson in fighting fear and your instincts'

Experts' experiences and lessons learned

clock • 10 min read

As we mark the decade anniversary of the collapse of Lehman Brothers, asset allocators and fund selectors remember 'the emotional impact' of the event that saw close to $10trn (£7.68trn) losses in global equity markets, fuelling the worst financial crisis in recent history, and explain how it affected them as investors.

One CIO has described the collapse of Lehmans as a "scar" that those who worked through the event bear, while another commentator asserts that every investor who was active at the time will have been affected. Therefore, it is not surprising the fallout from the demise of Lehmans has left a legacy of mistrust and uncertainty for many, not least regarding the far-reaching implications of extensively loose monetary policy. Indeed, as one contributor said, post-crisis central bank action - which has driven investors to take more risk - could mean the next bear market runs deep. The in...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Investment

Partner Insight: Navigating new opportunities in commodities

Partner Insight: Navigating new opportunities in commodities

A unique investment opportunity is in the making as we move from the coal and oil-centred story of the last century to the renewable, clean energy chapter of the future. Watch the discussion to learn more.

Sarka Halas
clock 15 February 2024 • 1 min read
'The recession that did not happen': How investors should be positioned for 2024

'The recession that did not happen': How investors should be positioned for 2024

Wellington co-head of investment strategy

Natasha Brook-Walters
clock 06 February 2024 • 4 min read
Investment Company of the Year Awards Winners Interview - Allianz Technology Trust PLC

Investment Company of the Year Awards Winners Interview - Allianz Technology Trust PLC

clock 05 February 2024 • 3 min read
Trustpilot