Life settlements explained

Interest is growing in life settlements, an asset class previously underrepresented in portfolios, with investors attracted by the lack of correlation to traditional markets. While the concept underpinning the investment strategy of life settlements may be easily understood, investors should appreciate how good management of the asset is  important. Q. What exactly are life settlements? A. They are life insurance policies sold by US seniors onto the secondary market as they no longer fulfil their investment needs. The insured will receive substantially more money than the surrender...