Crowdfunding or “Shadow Banking”?
The hedge fund industry is coming to the world of crowdfunding. As we noted earlier, Marshall Wace, which reportedly has more than $15 billion under its control, is targeting institutions with a £200 million investment fund. A recent report by Reuters indicates that the hedge fund manager’s plans would “bring peer-to-peer (P2P) lending, hitherto at the fringes of […]