happy
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Post by happy on Mar 21, 2018 20:26:36 GMT
Just updating my spreadsheet with my AC figures and on updating the QAA and 30Day figures I noticed that for the first time (by my reckoning anyway) AC have passed £100 Million invested in their Access Accounts. £100,059,489 to be exact. I know these accounts are not everyone's Cup of Tea but personally I think they fill a huge gap in the P2P marketplace and I guess £100 Million invested suggests they are on the money. So Well Done stuartassetzcapital chris andrewholgate and all at Assetz Capital, a huge achievement. |
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Post by slumberingaccountant on Mar 22, 2018 19:07:10 GMT
yes (sadly but then im living up to my moniker) i spotted this too.
£16m on the SM. which seems fair in comparison, but if i could work out what was happening on here i would be a richer man. Loans go from virtually nothing for sale to 500k without any great reason. It seem that recent loans at sub 8% are sitting on the SM, although my maths tells me that QAA and 30DA should be holding a fair wack so not sure why so much (80%+ ) is sitting up for sale. Answers on a postcard...
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cb25
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Post by cb25 on Mar 23, 2018 10:10:56 GMT
Just updating my spreadsheet with my AC figures and on updating the QAA and 30Day figures I noticed that for the first time (by my reckoning anyway) AC have passed £100 Million invested in their Access Accounts. £100,059,489 to be exact. By comparison, FC loans with a status of "loan:repaying" total almost £1659 million
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happy
Member of DD Central
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Post by happy on Mar 23, 2018 10:18:10 GMT
yes (sadly but then im living up to my moniker) i spotted this too. £16m on the SM. which seems fair in comparison, but if i could work out what was happening on here i would be a richer man. Loans go from virtually nothing for sale to 500k without any great reason. It seem that recent loans at sub 8% are sitting on the SM, although my maths tells me that QAA and 30DA should be holding a fair wack so not sure why so much (80%+ ) is sitting up for sale. Answers on a postcard... I have a theory here and it goes like so..... when there is oversupply on the SM for a loan then what gets sold from your selling pot should be the percentage that your pot represents of the total amount for sale for that loan on the SM (ignoring discount sales that will always be sold first of couse). So suppose you want to liquidate 5% of your £1000 holding in loan nnn then if you simply put the £50 you want to sell up for sale it will be a significantly smaller percentage of the total pot than if you put the whole £1000 up for sale and then cancelled the sale once you have sold about what you wanted to get rid of. This "should" result in you selling you required £50 faster, assuming some level of demand on the SM for loan nnn. Obviously you would need to monitor carefully to make sure you dont loose all of your £1000 but I think the risk of that should be low where there are large amounts on the SM for that loan. Just a theory but could explain why large amounts do seem to come and go from the SM from time to time.
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ashtondav
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Post by ashtondav on Mar 25, 2018 12:41:38 GMT
Just updating my spreadsheet with my AC figures and on updating the QAA and 30Day figures I noticed that for the first time (by my reckoning anyway) AC have passed £100 Million invested in their Access Accounts. £100,059,489 to be exact. I know these accounts are not everyone's Cup of Tea but personally I think they fill a huge gap in the P2P marketplace and I guess £100 Million invested suggests they are on the money. So Well Done stuartassetzcapital chris andrewholgate and all at Assetz Capital, a huge achievement. Interesting and must make for a very liquid account, but can I ask where you get the data from? Thanks.
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happy
Member of DD Central
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Post by happy on Mar 25, 2018 18:42:40 GMT
Just updating my spreadsheet with my AC figures and on updating the QAA and 30Day figures I noticed that for the first time (by my reckoning anyway) AC have passed £100 Million invested in their Access Accounts. £100,059,489 to be exact. I know these accounts are not everyone's Cup of Tea but personally I think they fill a huge gap in the P2P marketplace and I guess £100 Million invested suggests they are on the money. So Well Done stuartassetzcapital chris andrewholgate and all at Assetz Capital, a huge achievement. Interesting and must make for a very liquid account, but can I ask where you get the data from? Thanks. On the AC dashboard go to the QAA or 30Day section and click on "show more" it show how much is invested in each account.
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ashtondav
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Post by ashtondav on Mar 26, 2018 9:19:10 GMT
Hmmmmmm, why does it not show the same information for the other accounts?
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
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Post by ilmoro on Mar 26, 2018 10:21:59 GMT
Hmmmmmm, why does it not show the same information for the other accounts? In theory, the QAA/30DAA have a capped investment amount which when reached means any further funds would be queued & not earning interest. The figures show lenders how close to the cap the account is. The cap was needed to ensure that the liquidity & returns could be achieved under normal circumstances. These days AC origination is such that there are plenty of loans for the accounts to invest in so the cap is either defunct or so large that AC haven't needed to publicise it. The other accounts have never been capped as they don't operate on a model that requires it.
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