The specialist asset manager said the asset class was appealing because of its low correlation, low volatility and returns of nine to ten per cent, however it required sophisticated investors.
Life Settlements funds operate by buying the legal rights to multiple US life policies, paying policy premiums and generating a return by collecting the entire death benefit of the policy upon the death of the insured.
SL Investment said the lack of a standard valuation base meant it was very difficult to compare one fund with another.
