Louis Young, Augusta Managing Director, has been quoted in Peer2Peer Finance News in a feature on the bright future of the litigation funding industry in 2020. Mr Young said:
“Litigation finance is increasingly in demand on both the supply and the demand side, i.e. from both investors and from claimants and their lawyers.
For investors, we represent a strongly yielding asset class, uncorrelated to traditional securities, which is important in a highly volatile, low yield environment.
For claimants and their lawyers, litigation funding offers a risk management tool, providing the opportunity to seek redress without taking on the financial burden should the claim fail”.