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....
Maximum 30% of redress
Third Covid-19 resilience survey sent to advisers
Rise in clone scams
Managers plea for clarity over passporting rights
Third highest monthly figure since 1993
'Cannot normalise this level of loss'
There is no shortage of IFA firms looking to sell up, writes Daniel Baade. However, the big question is how to finance the acquisition of IFA or wealth management firms...
Supported over Christmas
Plus online scams