Eea Life Settlements Fund
Investment | 31 May 16
EEA investors offered ‘dismal’ price for run-off shares
Investors in the ill-fated EEA Life Settlements Fund have received a “dismal” strike price offer for their shares in so-called ‘death bonds’, according to campaign group EEA Investor’s Group (EEIG).
EEA secondary share sale delayed
Investors in Guernsey-based EEA Life Settlements Fund have been dealt a further blow in their attempts to sell some, or all, of their shares after the company running the sale offer advised that it needs more time.
Caution urged over EEA secondary share sale offer
Investors in the beleaguered Guernsey-based EEA Life Settlements Fund have been offered the opportunity to register some, or all, of their shares for a proposed secondary share sale in March or April this year. But caution has been urged.
EEA status a bigger issue than Brexit
The big question for international advisers isn’t Brexit but whether or not the UK is granted European Economic Area status, according to the Federation of European IFAs.
EEA investors critical of redemption payment plan
A group of investors in the troubled Guernsey-based EEA Life Settlements Fund have criticised plans by its directors to make redemption payments to holders of its Run-Off shares.