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Dimensional Fund Advisors
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Dimensional Fund Advisors

asset managementdecentralized financedigital lendingmusic industryp2p & crowdfunding
·Oct. 9, 2020

Why Peer-to-Peer models fail against oligopoly, with Lending Club shutting down p2p platform, Seedrs/Crowdcube merging, and Morgan Stanley buying Eaton Vance for $7B

This week, we look at:

  • Lending Club, the peer-to-peer lending innovator, turning off peer-to-peer lending after having a bank in its pocket

  • Consolidation of the UK's largest crowdfunders, CrowdCube and Seedrs, and their limited economics

  • The scale of the Morgan Stanley and Eaton Vance deal, creating a $1.2 trillion asset manager

  • The struggle of peer-to-peer models more generally, and whether the blockchain movement can overcome the Prisoner's Dilemma

Read Full Story
asset managementcredit unions/small banksdigital transformationeCommercephilosophy
·Dec. 30, 2019

7,000 bank branches shut down and 425,000 jobs lost — melting Banking into a glass half full

Let's make a collective decision to see the glass as half-full. While physical banking (7,000 US branches gone during 2012-2017) and employment in the sector (425,000 jobs lost since 2013) has been contracting, digital commerce, banking, and investment management have been growing. Even DFA is finally giving in and lowering fees on their $600 billion institutional mutual fund family. Of course, Fintech has been a slow and gradual transformation, not a rapid disruption. We can make a choice to bemoan the loss of the past, or a choice to express an excitement for the future and participate in its making. Which side are you on?

Read Full Story

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