The global financial crisis continues to influence the decision making of half of UK investors, more than a decade on since turmoil in the US subprime mortgage market almost led to the collapse of the world financial system, research from Legg Mason reveals.
Legg Mason's 2018 Global Investment Survey found 50% of active UK investors who change their portfolios regularly and plan to invest at least £10,000 in the next 12 months are still influenced by the crisis, above the global average of 50%. Ten years on: The legacy of Lehmans Head of UK fund sales at Legg Mason Alex Barry (pictured) said the survey results demonstrate the crisis "still has a major impact on investors' psyches". He added: "To be still discussing an event a decade later is unusual, and illustrates what a pivotal point in history the credit crisis and subsequent globa...
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