Suspended £400m life settlement fund EEA has revealed possible plans for trapped investors to unlock some of their money - if new investors willing to buy their shares can be found.
The option, floated in EEA's just-published 2014 accounts, would be open to the around 60% of investors in the ‘run-off' share class, who are supposed to receive distributions from the struggling fund...
'No viable alternative'
Assist customers to get better deal
3 March 2020
CIO Stephen Jones will take up UK duties on an interim basis
Should discuss with their clients