UK Net Returns
as at 30 June 2018
AltFi Data Lending Returns Index - UK - Loss Coverage = 3.26x
Multiple by which interest income covers net loss
The AltFi Data UK Lending Returns Index measures the returns available from tech enabled lending in the UK. Index values are published as an annualised return, measuring what an equal time-weighted exposure to every loan originated by the participating platforms would have generated over the preceding 12 month period. The return has been calculated after fees and is expressed net of losses. Index calculations are based on loan level data from:
- Funding Circle
- Market Invoice
|Region||Originator||1 Year net return||3 Year net return||Verified|
|2UK - as at 31 August 2018||2.6||4.7|
|2UK - as at 31 August 2018||4.4||15.5|
|2UK - as at 31 July 2018||4.2||12.2|
|2UK - as at 31 August 2018||2.7||18.6|
|1US - as at 31 July 2018||4.2||15.6|
|3EU - as at 31 July 2018||5.6||18.0|
|3EU - as at 30 September 2018||5.5||16.7|
|2UK - as at 31 August 2018||3.7||11.9|
AltFi Data provide an asset performance verification service for the platforms listed above. Using loan level information AltFi Data are able to verify key metrics and represent net return to a consistent methodology to allow like for like comparison.
|Region||90 Day||Year to date||Cumulative|
|AUS - AUD||154.9||500.8||1,810.0|
|EU - EUR||779.8||2,467.6||6,051.9|
|UK - GBP (excl crowdfunding)||997.5||3,733.9||14,334.4|
|US - USD||2,356.2||13,390.3||87,351.8|
*= AltFi Data’s volume indices are a subset of AltFi Data’s subscription products and provide a snapshot of tech enabled origination volumes across UK, Europe, USA and Australasia. Origination data is either reported directly to AltFi Data by originators or is sourced from data published online by the originators themselves. The timeliness of the data is therefore not consistent as it may depend on how regularly the originators update their own origination counter.
‘AltFi Data Verified’ status denotes the platforms that subscribe to our asset performance verification services enabling us to scrutinise loan level detail. For other platforms these origination figures have not been corroborated.