‘Death bond’ investor action group to take on UK Gov’t
A consumer action group has been set up by investors in a so called “death bond” fund to take on the UK Government which it believes holds responsibility for investor losses.
A consumer action group has been set up by investors in a so called “death bond” fund to take on the UK Government which it believes holds responsibility for investor losses.
The board of the EEA Life Settlements Fund has been given the green light by the Guernsey Financial Services Commission (GSFC) to complete a fund restructure first outlined in September last year.
A planned restructure of the beleaguered EEA Life Settlements Fund has been delayed by the Guernsey Financial Services Commission which has asked for further information on the fund.
The fate of EEA Life Settlements Fund took a step closer to resolution yesterday with investors voting in favour of a restructure to be implemented next month.
EEA Fund Management, a vocal defender of traded life policy investments, has issued an annual report of its Life Settlements Fund a year behind schedule and with a damning report from auditors included.
Alternatives specialist EEA Fund Management is to return to the retail market with a Ucits version of its managed futures trading strategy.
EEA Fund Managements Peter Winders looks at the potential pitfalls of using a mark-to-market pricing model for life settlement funds.
EEA Fund Management has produced a checklist it says will help advisers to comply with Financial Services Authority rules when recommending EEA Ucis products to clients.
Advisers should steer clients clear of mark to model priced funds, says MBMG Group’s Paul Gambles
Riverstone Distribution Services has launched a sales drive into Brazil.
Adviser group AES International has removed the EEA Life Settlements Fund from its approved funds.
EEAs Life Settlements Fund has been registered for sale in Singapore, as EEA expands in the region.