Structured product specialist Meteor is teaming up with EEA Fund Management to launch its first open...
Structured product specialist Meteor is teaming up with EEA Fund Management to launch its first open-ended product, a viaticals vehicle targeting 8% per annum. The Meteor Senior Life Settlement Sterling fund, which comes to market on 1 October, invests in policies issued by American-based life assurance companies such as AIG and Prudential. ViaSource, the specialist life settlements provider, is the investment adviser and is responsible for selecting policies. EEA’s Simon Shaw then picks from these to build the portfolio. The product largely mirrors EEA’s existing Life Settlement fund...
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