Life settlements fund EEA has generated nearly £40m in revenues in the last two months, despite its suspension following "unprecedented" redemption requests.
The fund's suspension followed an announcement by the FSA that it planned to ban the sale of traded life policy investments (TPLIs), which purchase mainly US life insurance policies. However, between...
Fifth this year
Four published FOS decisions
Latest figures from IA
Good News Bulletin
An estimated £2.75bn
Outflows from UK equity funds gathered pace in August, with £2.6bn of assets being pulled from the market area over the course of the month, according to Morningstar’s latest fund flows report.
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