Assetz Upcoming loans/drawdowns

Yes unfortunately the GBBA/GEIA account diversification/re-balancing has not seen the light of day yet. Chris was AIUI testing a revised algorithm some months ago but with the obvious complexity around diversifying equitably across all the accounts and also stopping it getting itself into a shrapnelator style death-spiral I fear AC have perhaps not been able to direct the development resources at it to make it robust enough to release.

Perhaps a quicker way to make the GBBA/GEIA accounts more acceptable to those who feel uncomfortable with potentially up to 20% of what could be a fairly big chunk of money going into a few loans would be to have two parameters defined by each investor on each of their GBBA/GEIA accounts to govern the maximum percentage and the maximum amount in GBP that can be allocated to any one loan (within sensible limits set by AC, e.g. 5-20% and £100 to £5000 per loan). The obvious effect of these would be the lower these values are set the slower the potential investment speed but the greater the diversification and conversely the higher the values are set the faster the potential investment speed but with less diversification achieved.

Surely this would be significantly simpler to achieve from a programming point of view and it then allows each GBBA/GEIA investor to use these accounts in a way that fits their individual investment strategy.

I personally dis-invested a fairly big 5-figure holding in the GBBA as I was just not comfortable with almost 80% of it being held in only 4 loans. Since then I have slowly added money back in to try and create a more diversified GBBA portfolio which I have managed to some degree. Apart from the diversification issue I really like the whole GBBA/GEIA account approach and with a degree of user control on individual loan exposure I would use it much more extensively.

chris , any chance you could look at an approach like this on the GBBA/GEIA any time soon?

Perhaps we should have a poll on who would use the GBBA/GEIA more if they could control their individual loan exposure in this manner, never done one before so maybe this is my opportunity to try!

jonah:  How exactly do you do that?  The last time I tried, I spent far too much time trying to filter the downloaded transaction data, which was hundreds of lines long -- and my GBBA/GEIA are tiny.

I wonder what happen to loan 361 ?

It just disappeared off the chart since yesterday.

Perhaps it escaped. Who knows. What a mystery.

I claim my imaginary pint of mild jjc , still £800k+ available and going nowhere fast.

Loan #388 and #389 are shown as having drawn down Monday.  I have buying requests in place for both, but have received no allocations so far.  Has anyone else received an allocation of either of these loans?  If so, how much?

This is becoming a regular thing now. Allocations are often dealt with the day after drawdown, especially when drawdown occurs late in the day. 100% does not go into QAA.