Companies start to benefit from changes made Post-Lehman

As investors came to work on September 15, 2008, we braced ourselves for the fallout from the news Lehman Brothers had filed the largest bankruptcy in history.

Expectedly, significant drawdowns and volatility in markets around the globe followed and, since then, the FTSE 100 and S&P 500 indices have returned nil, including dividends. That said, even with the added currency impact, the S&P 500 demonstrated much lower downside volatility compared to the FTSE 100. This highlights the US’s deserved role as a core investment region. After the significant drawdowns in global markets, the past seven months have demonstrated consistency with history as the stock market has performed strongly alongside the recovery in economic activity and positive surp...