Overview
US Traded Life Interests : TLI is a cell of Alternative Asset Opportunities PCC Ltd, a closed-ended protected cell company incorporated in Guernsey. It was launched on 25 March 2004. Initial gross proceeds of the placing and offer for subscription amounted to £40m. The Fund’s investment objective is to provide shareholders with a capital return through investment predominantly in a diversified portfolio of Traded Life Interests (TLIs). TLIs are life insurance policies issued in respect of US individuals by US life insurance companies, which are traded in a secondary market.
Research History
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31 Jan 2017 1 min read
QuotedData – 2016 review of the year
Our review of 2016 includes performance data, significant moves in discounts and premiums, money raised and money handed back, major news stories and links to the research we have published including our guide to investment companies. 2016 Annual roundup
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27 Oct 2016 1 min read
Quarterly investment companies roundup – Third quarter 2016
Q3 saw the market adapt to life post the UK’s EU referendum. Sterling continued to fall but most stock markets stabilised and discounts narrowed across most sectors. While the US election is dominating headlines, it does not seem to be having much impact on markets so far. q3-quarterly-roundup
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13 Oct 2016 1 min read
QuotedData investment companies roundup – October 2016
Our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of September 2016. october-investment-companies-roundup
News
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26 Sep 2016 2 min read
Traded Life Interests sells rest of portfolio
The Board of Alternative Asset Opportunities PCC Limited (Traded Life Interests) announced on 13 September 2016 that it had conditionally agreed to sell 71 of the Company’s 80 policies for a total cash consideration of $40.0 million, subject to adjustment. The disposal requires changes to the company’s current investment objective and policy which are material […]
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13 Sep 2016 2 min read
Traded Life Interests prepares for liquidation as it sells most of portfolio
Alternative Asset Opportunities PCC Limited has made an announcement about Traded Life Interests. On 23 June 2016 it announced that it was exploring the possibility of a sale of the portfolio. The Board is pleased to announce today that is has conditionally agreed to sell 71 of the Company’s 80 policies for a total cash consideration […]
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26 May 2016 5 min read
Alternative Assets hit by insurance costs
Alternative Asset Opportunities says its interim report for the six months to December 2015 referred in some detail to insurers applying increases to applicable premium rates. These are known as ‘cost of insurance’ (COI) increases. COI increases have historically been very rare and, although they can be implemented each year by the insurer, until September 2015 […]
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15 Sep 2014 1 min read
Improved cash flow for Alternative Assets
TLI : Improved cash flow for Alternative Assets Alternative Assets Opportunities – the cell company with one cell – US traded life interests – has announced results for the year ended 30 June 2014. The net asset value at the end of June was 44.7p – down from 48.5p the year before. US dollar weakness […]
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28 Feb 2014 1 min read
Alternative Asset Opportunities : TLI – results
Alternative Asset Opportunities (which used to be known as US Traded Life Interests Fund) saw its net asset value fall from 48.5p to 45.9p over the six months ended 31 December 2013. The fall was largely the result of adverse exchange rate movements. The Board say that policy maturities during this period have been sufficient […]
