Sun, May 26, 2013
A A A
Welcome Guest
Free Trial RSS
New! Family Office and Investor Database with 11,750 contacts
Alternative Market Briefing

Peer-to-peer lending gains traction as new asset class for family offices, hedge funds
Tuesday, March 12, 2013

Benedicte Gravrand, Opalesque Geneva:

As part of the "sharing economy" phenomenon brought on by the internet are platforms where lenders and borrowers meet. Borrowers may seek an alternative from the more traditional lending outlets which have tighter string to their purse, and lenders may be attracted to the prospect of uncorrelated monthly income.

There are two main so-called web-based peer-to-peer (P2P) lending platforms in the U.S., the larger one being Lending Club, the other Prosper.com. According to Euromoney, what is also know as "crowdlending" has taken off over the past 12 months; and as P2P lending portals become more mainstream, they are attracting greater interest from industry heavy weights and Wall Street firms. Prosper and Lending Club have been responsible for the investment of more than $1bn into the accounts of American citizens and their ventures, while traditional banks in the U.S. are accountable for around 25% of all lending, states Investopedia. Apparently, the UK's P2P industry is also thriving. The FT quotes Zopa and RateSetter. And as well as crow......................

To view our full article Click here
Article link
Banner
Today's Exclusives Today's Other Voices Banner More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing
  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Opalesque Exclusive: Endurance Series Trust launches first mutual fund, multi-series trust[more]

    Bailey McCann, Opalesque New York: Endurance Series Trust, a multi-series trust, is launching with Gator Capital Management, LLC as the adviser for the Trust’s first mutual fund series. Endurance Fund Services, LLC, an independently owned and operated fund administration company will serve as t

  2. North America – Students are launching hedge funds on colleges across America[more]

    From Valuewalk.com: …From Cornell, whose student-run hedge fund beat Wall Street returns to the University of Michigan, which allows its students to manage as much as $250,000, student hedge fund are becoming a more prominent part of financial education. Their success has attracted the attention of

  3. Comment – Can hedge funds survive Bernanke?[more]

    From Bloomberg.com: …The biggest reason for the market tranquility might be the Federal Reserve's repeated assurances that it will maintain zero interest rates and provide monetary stimulus until the economy recovers, and unemployment ebbs. That may just account for the recent flurry of storie

  4. Comment – Paul Tudor says women find it difficult to be successful macro traders because breastfeeding kills their focus[more]

    From Womensagenda.com.au: Another billionaire believes he has some wise words about women, but this time they're probably not going to be as productive as Warren Buffett's. According to hedge fund billionaire Paul Tudor Jones, women find it difficult to be successful macro traders because breastfeed

  5. SRI investment volume and performance: Study shows alternative investments in SRI jumped 16% in 2010. Additionally, a new meta-analysis examines the financial performance of SRI, finds 'positive performance tilt'
Click here for More about Opalesque Tracking
- A new, unique Premium Service -
  1. MGH
  2. NZARA
  3. 36 South
  4. Cultivar
  5. New Zealand
  1. Anchorage
  2. people
  3. MS
  4. King Street
  5. bridgewater