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New FSA Authorised Life Settlement Fund – Authorised 28 February 2011
New FSA Authorised Life Settlement Fund – Authorised 28 February 2011
The HC I Life Settlement Fund is an FSA authorised Life Settlement Fund which launches on 14 March 2011 with an initial offer period until 25 March 2011
FOR IMMEDIATE RELEASE
(Free-Press-Release.com) March 14, 2011 --
Huet Capital Ltd is pleased to announce that regulatory approval has been received from the Financial Services Authority for The HC I Life Settlement Fund, a Qualified Investor Scheme. The HC I Life Settlement Fund has been set up specifically to invest into The Strategic Life Settlement Fund PLC, a Qualifying Investor Fund regulated by the Central Bank of Ireland, which builds on “AM Best” analysis to avoid the “Hidden Risks” of Life Settlement investments.
The HC I Life Settlement Fund, operated by Huet Capital Ltd as Authorised Corporate Director, is an FSA authorised Life Settlement Fund, and launches on 14 March 2011 with an initial offer period until 25 March 2011. This will give investors a new opportunity to invest, typically as part of a diversified portfolio, into an asset class that is not correlated to any major financial market, and through a route benefiting from UK regulatory oversight.
Managing Director, Christopher Finch stated :
“We have built this fund, The HC I Life Settlement Fund, to invest into The Strategic Life Settlement Fund PLC, which has been developed using the analysis within AM Best’s Insurance linked Securities paper (dated November 2009) as a foundation, and has appointed leading independent experts. In the light of recent financial scandals and many of the pitfalls of life settlement management recently highlighted by the FSA, this approach to risk mitigation ought to be implemented across all Life Settlement offerings currently in the market. The Strategic Life Settlement Fund PLC addresses this, and thereby investors into The HC I Life Settlement Fund can benefit too. We see this as the first of a new generation of life settlement offerings.”
PCE Investors Ltd is the Investment Manager to The Strategic Life Settlement Fund PLC. Neill Ebers, Co-CEO of PCE Investors Ltd, commented:
“We are very excited about this development and the opportunities it will bring to the market.”
Huet Capital Ltd is part of H Group PTE whose founder and CEO is Hubert Lance Huet, who is a senior member of the Huet family which is a Swiss based family office. The Huet family has a long lineage and was one of the founding members of Unilever. The Group has a wide range of interests from oil & gas, banking, and property through to financial services where Huet Capital provides both wealth management advice and Fund management services to clients from its offices in London, Geneva and Singapore.
PCE Investors Ltd is a privately owned alternative investment management business based at Charles House, 5-11 Regent Street, London SW1Y 4LR, and with a presence in Madrid, New York and Singapore. PCE is authorised and regulated by the FSA and is registered with the SEC. Further information is available on www.pceinvestors.com.
For specific details regarding The HC I Life Settlement Fund - please contact:
Huet Capital Ltd - www.huetcapital.com - +44 (0) 207 290 9490 or Life Settlement Consulting Ltd (consultant to the Investment Manager of The Strategic Life Settlement Fund PLC) – info@lsc-ltd.com +44 (0) 23 9224 5330
AM Best FSA HC I HC I Life Settlement Fund Huet Captial Life Settlement Consulting life settlements Strategic Life Settlement Fund

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Industry: Business Services
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