When Cormac Leech, chief executive of new crowd funding litigation platform Axiafunder, is questioned about the potential 20-30 per cent returns offered to investors on its website, he doubles down.
Written by James Booth, CityAM reporter covering the legal and insurance sectors, published by CityAM on 11 February 2019.
Posted on 13 February 2019.
Innovative Finance Individual Savings Accounts (IFISAs) allow investors to be innovative in the ways they invest. There are many different areas which one can invest in using IFISAs to get tax-free returns. Carol Lewis reports on the various options including investing into AxiaFunder’s IFISAs eligible offers which are allowing investors to invest in legal cases. The range of options for investments which are eligible to be put into an IFISAs are very diverse. IFISA investments can earn tax free interest for the investors and allow small businesses and individuals to access loans.
Originally published in Financial Times written by Carol Lewis, on 2 March 2019.
Posted on 6 March 2019.
“The idea of litigation finance is simple, legal cases cost money and sometimes a claimant is unable to afford to fight a case; so in exchange for money up front, they share the return of any settlement winnings paid out in the future. Burford Capital does this very successfully – but Cormac is trying to allow retail investors to fund smaller cases."
Originally posted on Bruce Packard’s blog on 12 October 2018.
Posted on 6 March 2019.
Posted on 30 August 2019.
This article was originally posted on CityAM and the views expressed are those of the author (not affiliated with AxiaFunder).
Emily Perryman reports for CityAM on how the UK’s first litigation crowdfunding platform, AxiaFunder is enabling private investors to invest in litigation finance, an area previously only open to hedge funds and other large institutions.
- Axia’s record in raising funds for its first three cases
- The potential risks and rewards of investing in litigation
- AxiaFunder’s selective approach in choosing which cases to offer on its platform.
Read the full article at: https://www.cityam.com/litigation-finance-comes-of-age/
Not many alternative finance firms can boast that they earned 43 per cent for investors on their first ever case, and while of course, past performance is not a reliable indicator of future results, AxiaFunder was always going to do things differently.
Posted on 29 October 2019.
With yields at close to multi-century lows, equities valuations stretched, and Brexit dominating the headlines, attractive alternatives to cash are arguably limited. In this context, the double-digit returns offered by litigation funding, with no correlation to macro or political risk are potentially attractive to qualified investors.
Continue to read, go to https://www.altfi.com/article/5885_litigation-funding-a-profitable-portfolio-alternative-during-brexit
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- Fancy something different for your ISA? Try a little innovation
- How to suffer loss
- AxiaFunder sponsorship & participation at R3 London & SouthEast Regional Meeting
- AxiaFunder case win: Net investor gain of 43% after 8 months
- Litigation finance comes of age
- The litigation platform that’s changing the game for investors
- The high price of certainty
- Litigation funding: A profitable portfolio alternative during Brexit?