Way Fund Managers has joined with EEA to launch its own Life Settlement fund. The fund, due to be l...
Way Fund Managers has joined with EEA to launch its own Life Settlement fund. The fund, due to be launched on December 8, will allow investors access to Way's IHT solutions while adopting an investment strategy uncorrelated to equity markets. Life settlement funds invest in pools of life assurance policies in the US and aim to deliver returns of 9 to 10%, net of charges. Eddie O'Gorman, head of sales at Way, says: "This new initiative is a major breakthrough in terms of IHT planning as we can now offer the benefits of estate planning utilizing one of the most effective investment vehicl...
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