US asset recovery specialist launches into UK market

clock

One of the largest companies in the US specialising in reuniting investors with their lost investments has launched in the UK, revealing there is an estimated £70bn of unclaimed financial assets owed to investors.

The vast majority of unclaimed assets for UK investors currently sit within life and pension policies, although a growing number are in the funds industry. Boston-based Unclaimed Property Recovery & Reporting (UPRR) has established a separate company in London called Rightful Owners which offers investors a free service to trace lost assets. Once they have been found, investors can choose to deal directly with the product provider or use Rightful Owners to reclaim the asset for a fee of between 10%-20% of the current value. Rightful Owners said the US experience, where between 2% a...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Investment

Over a quarter of younger investors own crypto as overall optimism on the rise in July

Over a quarter of younger investors own crypto as overall optimism on the rise in July

Optimism up from May figures

Sorin Dojan
clock 23 July 2025 • 2 min read
Partner Podcast: What clients really want from their managers

Partner Podcast: What clients really want from their managers

Listen to the latest postcast with Honor Solomon, CEO for EMEA and Head of EMEA Retail Sales, at AllianceBernstein

Honor Solomon, CEO for EMEA and Head of EMEA Retail Sales, at AllianceBernstein
clock 22 July 2025 • 1 min read
Dimensional's Kaitlin Hendrix: Counting the cost of index rebalancing

Dimensional's Kaitlin Hendrix: Counting the cost of index rebalancing

Reconstitutions can hurt returns

Kaitlin Hendrix
clock 18 July 2025 • 4 min read
Trustpilot
Loading page