We are pleased to announce that NSR Invest and LendingRobot have officially joined forces to become the largest independent robo-advisor in the alternative lending space. The combination of both firms’ robust technologies and expertise …
LendingRobot Series finished the second quarter with a healthy YTD aggregated return of 2.7%. Each Series’ return and portfolio health is in line with projections. Since April 1st, LendingRobot Series has added over 2,800 loans to its portfolio, more than doubling the number of loans held in each series.
We think a lot of about risk versus return. Recently, we looked in to the evolution of risk to return on Lending Club.
The main offices of both Lending Club and Uber may be mere blocks away from each other in San Francisco, but the modus operandi of the two tech companies are worlds apart. Uber has expanded hyper-aggressively, consciously making the decision to sacrifice rule-following for the sake of growth. Meanwhile Lending Club has, for the most part, eschewed the typical Silicon Valley mantra of ‘move fast and break things’ for a more conciliatory approach.
Thanks to the JOBs act, which introduced Rule 506(c) to Regulation D, we are allowed to share some of LendingRobot Series’ data publicly.
Institutional money is once again pouring into alternating lending. For instance, Prosper Marketplace has recently inked major deals to supply capital for financing loans originating on their platform with a procession of prestigious major institutional investors, including Soros Fund Management, Jefferies, and Third Point LLC. As the Wall Street Journal reported a few months back, these institutions have committed…
LendingRobot Series is what is called a ‘pooled investment vehicle’. Like the name suggests, investors pool their money together into one big pot. This is called the “fund.”
GDP is long used as an indicator of the strength of the economy. If real GDP, that is, the country’s gross domestic product that has been adjusted for inflation, goes up, the economy has grown. Yippie. By this yard stick, the United States has grown considerably since the great recession. Unfortunately, a direct linear graph does not tell the whole story about how the economy is growing over time. We can obtain a clearer picture by looking at the log of GDP over time.
By some estimates, the US economy has been pretty successful at job creation in the past five years: the Bureau of Labor Statistics notes that an average of just under 200,000 jobs per month have been created since January 2011.
But a deeper look at the data suggests that we might not want them.