Four years after the financial crisis – what do we know for certain?
The world hasn’t seen economic shocks greater in magnitude than the last four years’ events, at least not since the great depression of the 1930’s. These events, triggered by the demise of Lehman Brothers, were followed by unprecedented market volatility. Like dominos, banks (commercial banks and savings institutions) around the globe failed as liquidity in the global financial system dried up. Investors have shied away from investing in growth assets like equities and have become more risk averse than ever. Despite all this uncertainty we know that sound investment principles have not changes.
STANLIB reinforced this message at its recent Retail Roadshow.
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