TAB loan book “turbo-charged” by stock market routs

Blog - TAB loan book “turbo-charged” by stock market routs

A global market rout has wiped $13 trillion off world stocks in the worst start to any year on record as business and consumer confidence collapses amid surging inflation.

The MSCI World Equity Index has shed more than 20pc so far this year in the steepest first-half decline since its creation, led by a plunge in loss-making tech companies as investors panic over the end of ultra-low interest rates.

The S&P 500 had plunged by 20.6pc in the first six months of the year and the Nasdaq dropped by 29.5pc, its worst first-half ever. Meanwhile, the FTSE 100 fell more than 6pc in June, the biggest monthly slump since the first wave of coronavirus triggered a market crash in March 2020.

But a Hertfordshire-based bridging lender says clients who invested in its bridging loans - funding short term loans against property assets - have seen an average of 8.28% return since the start of 2022.

We have access to institutional funding as well as capital from private investors. Stock market performance like this has just turbo-charged our investor demand. Duncan Kreeger, CEO and founder of TAB

TAB has a £115m loan book. In 2021, TAB’s loan book was worth approximately £50 million. 

As with investing, your capital is at risk, past performance and forecasts are not reliable indicators of future results and should not be relied on. TAB is not authorised by the Financial Conduct Authority. Investments are not regulated and you will have no access to the Financial Services Compensation Scheme (FSCS) or the Financial Ombudsman Service (FOS).

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