Eea Life Settlements Fund
No-deal Brexit temporary passporting backstop goes live
Financial Conduct Authority has offered a glimmer of stability as Brexit fatigue bites
Fixed Income | 7 Mar 18
EEA investors to take 36% hit
Investors with run-off shares in the ill-fated EEA Life Settlements fund are projected to lose more than a third of the value of their investment by the time all shares are redeemed, the coordinator of the EEA Investors’ Group told International Adviser.
EEA shareholders set for $15m payment
There is some good news for investors in the beleaguered EEA fund after RL360° confirmed the scheme is distributing around $15.1m (£10.9m, €12.2m) to holders of run-off shares.
Best Practice | 11 Dec 17
EEA Investors in danger of missing $90m deadline
Holders of more than 870,000 EEA shares have not acted to stop their funds from potentially being automatically reinvested in similar products, warns action group EEA Investors’ Group.
EEA ‘death bond’ investors receive $54.5m payout
Investors in the ill-fated EEA Life Settlements Fund will receive a $54.5m (£42.1m, €49.9m) payout for their shares in the so-called ‘death bonds’.