The trend for established FinTech players to migrate towards asset-backed loans – consistently identified in this News section – continues. Our friends at AltFi report: Listed lending fund Honeycomb has disposed of £44.6m of consumer unsecured whole loans to Tandem Bank in August, according to a stock market update. Honeycomb says the sale “is in line with the Company’s […]
Regular readers will be aware of our reporting on the way mainstream finance has invested – often rashly and prematurely – in the alternative finance sector. After a long period of difficulty, things appear to be turning round for publicly listed investment fund, Honeycomb Investment Trust. The fund has seen an increase in institutional investor […]
As regular readers will be aware, we write regularly on the difficulties experienced by institutional investors seeking to take advantage of the peer-to-peer (P2P) loan asset class. Here’s a recent piece describing the “malaise” of institutional investors committing capital by way of investment trust. We’re pleased to report, however, that the problems are not universal. […]
Our friends at P2P Finance News report the latest figures from Honeycomb Investment Trust (a quoted company that invests in other companies). This part of an accelerating trend that is bringing alternative finance – including peer-to-peer (P2P) business lending, a sub-sector of crowdfunding – to the centre stage of mainstream finance. “HONEYCOMB investment trust has […]