Performance During Crisis

 

Our Performance During Crisis

Period

Performance

Event

Jan-08

35.10%

Global stock markets, including London's FTSE 100 index, suffer their biggest falls since 11 September 2001.

Apr-08

-3%

International Monetary Fund (IMF) warns possible losses which equate to $1 trillion due to the credit crunch.

May-08

32%

UBS AG Swiss bank announces plans to cut 5500 jobs by the middle of 2009

Sep-Oct 2008

N/A

Lehman Brothers file for Chapter 11 bankruptcy protection. Merrill Lynch also gets taken over by the Bank of America.
Worst week for the stock market in 75 years.

Feb-09

29.50%

Job losses to reach 7.2 million in Asia

Mar-09

14%

UK government debt hit £750bn in 2008
US budget deficit will reach $1.8 trillion
Norway government pension fund lost $92bn

Apr-09

1.60%

Swine Flu declared public health emergency
WTO predicts global trade to fall 9%
The US economy lost 539,000 jobs in April

May-09

11.30%

HSBC seeks $18 billion in capital and cuts 6,100 jobs
Madoff admits $50bn fraud scheme.

Jun-09

-1.20%

Global oil consumption shrinks for the first time since 1993, the largest drop for 27 years.

Nov-09

18.40%

Dubai World seeks debt standstill

Jan-10

-2.60%

PIGS (Portugal, Italy, Greece & Spain) debt crisis

Apr-May-Jun 2010

N/A

Greece bailout.
The U.S. DJIA had its worst May performance since 1940.
PIGS debt crisis

Mar-11

9.50%

Powerful earthquake and tsunami devastate Northern Japan.

Sep-11

2.30%

Dow Jones industrials sees biggest two-day decline since December 2008.

Nov-11

N/A

Six Central Banks take joint action to enhance global liquidity.
Italy has been forced to pay record interest rates in a 10bn euro
($13bn; £9bn) auction of treasury bills.

Oct-12

-19.30%

Super storm Sandy slams the Northeast and mid-Atlantic states.

Mar-13

33.50%

Cyprus bailout