Beleaguered hedge fund investor, Neil Woodford, has sold off large stakes in his P2P investment trust holdings; he sold £88 million in his P2P Global Investments holdings and over £40 million in VPC Specialty Lending while retaining his stake in Honeycomb; he was the second largest shareholder in both P2P Global and VPC; experts have said that once the market digests the end of Woodford’s overhang, sector pricing could rebound strongly. Source.
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Peter Renton is the chairman and co-founder of LendIt Fintech, the world’s first and largest digital media and events company focused on fintech. Peter has been writing about fintech since 2010 and he is the author and creator of the Fintech One-on-One Podcast, the first and longest-running fintech interview series. Peter has been interviewed by the Wall Street Journal, Bloomberg, The New York Times, CNBC, CNN, Fortune, NPR, Fox Business News, the Financial Times, and dozens of other publications.
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