What is Life Settlement Assets PLC?
Life Settlement Assets PLC, a closed-ended investment trust company, invests in and manages portfolios of whole and fractional interests in life settlement policies issued by life insurance companies operating primarily in the United States.
The story behind the price, the case for and against, and what could go wrong. Open a part to read it.
Life Settlement Assets PLC, a closed-ended investment trust company, invests in and manages portfolios of whole and fractional interests in life settlement policies issued by life insurance companies operating primarily in the United States. The company was incorporated in 2017 and is based in Teignmouth, the United Kingdom. The company is listed on the LSE in UK, operating in the Financial Services sector, with a market capitalisation of 74.96M, and a P/E ratio of 0.1x.
A short list of Asset Management names that are close enough in size to make side-by-side comparison useful.