EEA Fund Management have written to shareholders of their suspended traded life policy (TLPI) fund in the past few days. In the letter, their chairman is outlining 3 “restructuring” options for investors once the FSA publishes their final judgement (expected in the next few weeks). The options are as follows: You can “continue to hold […]
Tag Archives: suspended funds
Premier Diversified Property Fund Update
Redemptions from the Premier Diversified Property Fund have been suspended since September 2008. At the time the reason for the suspension being put in place was that the assets of the fund, property, were highly illiquid and had suddenly become considerably more illiquid as a result of the financial crisis. The aim was to increase […]
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