Laureola is pleased to announce the launch of a limited partnership in Bermuda which will invest exclusively in life settlements. The closed-end structure is ideal for institutional investors wishing to access this unique asset class.
Life Settlements
Bonds not a safe harbour as inflation builds
Investment grade fixed income has historically been seen as a safe haven for investors but the total return on the Bloomberg Investment Grade Corporate Index for 2021 was -1.0% and US junk bonds now yield less than 4% with a projected 9% default rate.
ESG means more than the environment
Monetising a life insurance policy which is no longer needed provides meaningful help to seniors who are struggling financially but not all seniors are aware of their options and of course some policies don’t have a surrender value.
Non-correlated assets are hard to find
Many strategies claim to be non-correlated, but the problem for investors is that it works until it does not work. Sadly, everything seems to go down together in a major market downturn – the very outcome investors try to avoid by investing in alternatives.
Life settlements – part of the alternative fixed-income universe
What are life settlements? Life settlements are life insurance policies which have been sold to an investor who pays the premiums and eventually collects the death benefit.
Laureola launches Sydney office to build life settlements interest
After a soft entrance to the Australian market two years ago, life settlements fund manager, Laureola Advisors, has appointed an experienced distribution head and opened a Sydney office on Martin Place.
A steady year: Proven non-correlation
The Laureola (Bermuda Feeder) Fund returned 0.2% for December and 6.0% for the year. The Fund now has a 9-year track record and has returned 15% CAGR and 239% since inception.
Running a life settlements fund
Like any fund manager a life settlements fund has a team of specialists and an asset to analyse and purchase to maximise return.