The funds which thrived after Lehmans (and those still in the doldrums)

LEHMANS WINNERS

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% from 5,233 to 3,493. The Dow Jones fell 45%, while further afield 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’...