Several investment funds are reporting lower returns for 2016 including Lending Club’s LC Advisors and Colchis Capital Management; both reported their lowest returns since launching in 2011; Lending Club’s LC Advisors returned 1.83% in 2016, down from 5.76% in 2015 and 8.02% in 2014 reports the Wall Street Journal; Colchis’s P2P Income Funds returned 6.2% in 2016; in the previous four years Colchis returned 9% to investors; higher defaults across higher risk loans have affected the performance; other publicly traded funds invested in marketplace lending have also struggled. Source