BlackRock is just the latest large fund house to offer investors exposure to P2P loans. It joins a number of fund managers investing in the P2P sector increasing retail investors’ exposure to the asset class and helping the industry mature.
The Peer to Peer lending (P2P) market is increasingly going mainstream, as Larry Fink’s $4.5 trillion BlackRock Inc., the world’s largest asset manager, announces an investment in a sector that in 2014 banking analyst Dick Bove previously warned to avoid. pros and cons of peer to peer investing BlackRock, founded on risk management principles, likes investing in Peer to Peer lending platforms, not clear if they like investments found on platforms BlackRock is a company founded in 1988 on the principle of providing institutional investors asset management services with risk management in mind. It is for this reason that the firm’s entry into what was at one point considered a high risk market sector is interesting.
http://www.valuewalk.com/2016/04/blackrock-invests-peer-to-peer-lending/