Life Settlement Assets PLC is a closed-ended investment trust company which invests in, and manages, portfolios of whole and fractional interests in life settlement policies issued by life insurance companies operating predominantly in the United States.
The well-established US life settlement market enables individuals to sell their policies to investors at a higher cash value than they would otherwise receive from insurance companies (if they were cancelled or surrendered at the date of sale). This primary market for transacting life settlement policies provides value for policy holders who wish to valorise their policies before maturity. LSA operates in the secondary market for life settlement policies, where policies acquired in the primary market are then transacted again with secondary purchasers.
The Company’s objective is to generate long-term returns for investors by managing its portfolios of life settlement interests so that the realised value of the policies at maturity exceeds the aggregate cost of acquiring the policies, ongoing premiums, management fees and other operational costs. The Company seeks to achieve this for each of its separate Share Classes.
The life settlement market has a low correlation with traditional equity and fixed income markets, as returns are dependent on the actuarial and mortality rate assumptions used. This, coupled with current low interest rates, can make this an attractive alternative asset class.
Through the combination of its Board and its strategic partnerships with service providers, LSA has core competencies in the following areas:
- Assessment of the underlying value of life settlement policy portfolios;
- Access to investment opportunities, especially to portfolios of policies where the Company already has an interest;
- Management of strategic partnerships with service providers providing investment management, actuarial, administration, company secretarial and tracking services to enable efficient operation of its business; and
- Cash flow management to balance returns to Shareholders with financing ongoing acquisitions costs.
Through these competencies the Company has developed a successful track record of realising value for Shareholders.
The Company is registered by the FCA as a “small registered UK AIFM” pursuant to regulation 10(2) of the AIFM Rules on the basis that it is a small internally managed AIF.
Shareholder fraud warning
Shareholders may receive unsolicited telephone calls and/or mail which purport to come from Life Settlement Assets Plc (LSA) or to be authorised by Life Settlement Assets Plc (LSA).
We would like to provide reassurance that no employee of Life Settlement Assets Plc (LSA) would ever contact our shareholders in this way and we would not authorise any other individual or company to do so.
See more information and details on how to protect yourself against fraud here.