EEA fund reaches £100m despite TLP concerns

EEA attributes the fund's growth to greater transparency in the life settlements market, while the sector, which is not correlated with equity and bond markets, is becoming more attractive to investors disillusioned with the relative recent poor performance of traditional asset classes. In a report issued this month by the Pensions Institute, the market for traded life policies is valued at around $13bn (£6.5bn), though this figure is expected to growth to $160bn over the next few years, with retail funds emerging in the 10 largest OECD countries. However, since the asset class emerged...