Lehmans 10 years on: 'It was a lesson in fighting fear and instinct'

Experts' experiences and lessons learned

clock • 10 min read

To mark the decade anniversary of the collapse of Lehman Brothers, fund experts recall the event that saw close to $10trn (£7.68trn) losses in global equity markets 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. From 2...

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