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Post by albermarle on Jul 31, 2017 13:18:56 GMT
I am a relatively newbie and was partly attracted to AC by the fact they seemingly had a good balance of loan types. Supporting Green energy, British businesses said the blurb if I remember correctly. After a small play with the GBBA , I decided I did not like the black box aspect and the slowness of money being invested , so have concentrated on the MLIA. It seems that even in the few months I have been investing with AC that the proportion of purely property related loans has been increasing a lot, to the detriment of other types of loans . I have not done any specific counting or monitoring , it is just a feeling, so would welcome others comments .
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trouble
Member of DD Central
Posts: 127
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Post by trouble on Jul 31, 2017 15:07:13 GMT
Private Equity Wire
In a similar vein, I'm struggling to reconcile figures such as £31m advanced during June as reported in the press with loan totals drawn down on the AC website. They must be funding big chunks via institutional money. I feel the loans have become bigger, but not necessarily more of them which if you're investing on a diversified basis is no better than 2 years ago although returns are much lower. And yes, it does feel like lots of pure property style loans (development loans are certainly the big ones), albeit SME loans will usually have property as security
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Post by Ton ⓉⓞⓃ on Aug 1, 2017 16:06:35 GMT
Private Equity Wire
In a similar vein, I'm struggling to reconcile figures such as £31m advanced during June as reported in the press with loan totals drawn down on the AC website. They must be funding big chunks via institutional money. I feel the loans have become bigger, but not necessarily more of them which if you're investing on a diversified basis is no better than 2 years ago although returns are much lower. And yes, it does feel like lots of pure property style loans (development loans are certainly the big ones), albeit SME loans will usually have property as security These are the totals that I have for these dates: 1.6.17 - £259,029,279 30.6.17 - £290,408,514 1.7.17 - £295,214,648 they're from www.assetzcapital.co.uk/ front page at the bottom. I think they get these figures from when the contract is signed not drawn.
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Post by chris on Aug 1, 2017 21:10:22 GMT
Private Equity Wire
In a similar vein, I'm struggling to reconcile figures such as £31m advanced during June as reported in the press with loan totals drawn down on the AC website. They must be funding big chunks via institutional money. I feel the loans have become bigger, but not necessarily more of them which if you're investing on a diversified basis is no better than 2 years ago although returns are much lower. And yes, it does feel like lots of pure property style loans (development loans are certainly the big ones), albeit SME loans will usually have property as security These are the totals that I have for these dates: 1.6.17 - £259,029,279 30.6.17 - £290,408,514 1.7.17 - £295,214,648 they're from www.assetzcapital.co.uk/ front page at the bottom. I think they get these figures from when the contract is signed not drawn. The total used to be from when the loan was funded but it was changed a while back to be the facility size at the point of drawdown.
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