Investment Trusts

Life Settlement Assets A

LSAA:LSE

Life Settlement Assets A

  • Price (USD)1.73
  • Today's Change0.00 / 0.00%
  • Shares traded120.00
  • 1 Year change11.29%
  • Beta-0.0258
Data delayed at least 20 minutes, as of Apr 15 2024 16:35 BST.
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Profile data is unavailable for this security.

About the company

Life Settlement Assets PLC is a closed-ended investment company. The Company invests in, and manages, portfolios of whole and fractional interests in life settlement policies issued by life insurance companies operating predominantly in the United States. The Company’s objective is to generate long-term returns for investors by managing its portfolios of life settlement interests so that the realized value of the policies at maturity exceeds the aggregate cost of acquiring the policies, ongoing premiums, management fees and other operational costs. The Company seeks to achieve this for each of its separate Share Classes. The Company's investment manager is Acheron Capital Limited.

  • Revenue in USD (TTM)9.41m
  • Net income in USD1.36m
  • Incorporated2017
  • Employees0.00
  • Location
    Life Settlement Assets A115 Park StreetLONDON W1K 7APUnited KingdomGBR
  • Phone+44 20 7258 5990
  • Websitehttps://www.lsaplc.com/#
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Profile

Management group(s)Acheron Capital Ltd
AIC sectorInsurance & Reinsurance Strategies
ISINGB00BF1Q4B05
Launch date26 Mar 2018
Share typeOrdinary Share
StructureInvestment Trust
Base currencyUSD

Objective

To generate long-term returns s for investors by investing in the life settlement market.

Managed by

Not Disclosed

Management & contract fees

Management fee payable monthly is 1.5% of the NAV. Performance fee shall be equal to 20% of the sum of the distributions made to the holders, in excess of the Performance Hurdle. The Contract is terminable on 6 months notice.

Peer analysis

CompanyRevenue (TTM)Net income (TTM)Market capEmployeesMarket Cap /
Employees
Blackfinch Spring VCT PLC4.85m3.76m47.39m0.0047.39m0.00
Ceiba Investments Ltd13.74m14.16m48.15m0.0048.15m0.00
Cavendish Financial PLC37.22m-4.61m53.01m157.0053.01m157.00
AssetCo plc18.76m-15.92m58.90m125.0058.90m125.00
Octopus Future Generations Vct PLC-299.39k-860.60k60.31m--60.31m--
Livermore Investments Group Ltd4.70m1.25m61.97m4.0061.97m4.00
Argentex Group PLC-125.27bn-125.27bn63.82m156.0063.82m156.00
Ramsdens Holdings PLC104.98m9.72m73.50m784.0073.50m784.00
Triple Point Energy Transition PLC3.68m417.15k82.44m0.0082.44m0.00
Frenkel Topping Group Plc41.10m2.08m84.99m369.0084.99m369.00
Life Settlement Assets PLC9.41m1.36m85.95m0.0085.95m0.00
Data as of Apr 15 2024. Currency figures normalised to Life Settlement Assets A's reporting currency: US Dollar USD

Institutional shareholders

10.62%Per cent of shares held by top holders
HolderShares% Held
Metage Capital Ltd.as of 22 Feb 20232.10m4.21%
Square Capital LLPas of 30 Jun 20231.67m3.34%
Premier Fund Managers Ltd.as of 31 Dec 20221.53m3.06%
Atlantic House Investments Ltd.as of 31 Jan 20240.000.00%
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Data from 30 Jun 2023 - 07 Feb 2024Source: FactSet Research Systems Inc.
Data Provided by LSEG
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