IN FEBRUARY Questor tipped a rather unusual trust as a "speculative" buy. Naturally we have kept a close eye on it since then and have now decided that it's time to sell.
The trust is P2P Global Investments, which invests not in shares but in a type of loan originated through the relatively new medium of "peer-to-peer" lending platforms. These online marketplaces allow investors to lend directly to individual borrowers or businesses; the advantage over conventional banks is that costs are
RelSci News & Alerts gets you:
- 10 free articles a month from top subscription outlets like the Financial Times, New York Times, and Washington Post
- Competitive business intelligence through daily data updates
- Custom feeds on target high-value individuals, companies, industries, and topics delivered straight to your inbox