It has been a turbulent time for investors since investment bank Lehman Brothers was allowed to fail in September 2008.
That fateful day subsequently caused the S&P 500 to shed over 50% - from around 1,300 points to near 600 - while the FTSE 100 dropped around 35% to 3,493.
Elsewhere, the Dow Jones fell 45% and the Japanese Nikkei 225 dived a similar amount, moving from over 13,000 points to just over half that.
Over the last four years, indices have tried to recoup the losses but, with the exception of the two main US indices and a smattering of other less-widely-followed markets – including the FTSE Small Cap index – most shares are near or at the level they traded at prior to Lehmans’ collapse.
The ten best (and worst) performing funds since Lehmans
Other asset classes have also enjoyed a major lift, including gold which has seen its spot price rise by more than 100% from under $800 to a peak near $2,000 a year ago. Today it remains near that peak, trading at a multi-month high close to $1,800.
Other markets have predictably struggled, however, with property shares languishing and European equities still in the doldrums four years on, as the eurozone crisis continues to batter the peripheries.
But which managers have picked their way through the sell-offs, the rebounds, the bailouts and the global stimulus packages to emerge victorious, and who has been caught out by volatility and the fallout from a world starved of credit?
Here, we highlight the 10 best performing funds since the bank failed, as well as the 10 worst.
Are any of these funds on your buy lists?
Hires Wellington Management
Introduces 'The Long Dog'
Continuing Square Mile’s series of informal interviews
Happy GDPR day