Author: Richard Morris

It’s not unrealistic for institutional, end investors to expect – and receive – double digit IRRs from their allocations to third party life settlement fund managers; there are a range of stochastic probability curves that support this view. In addition, these investors are not only receiving additive gains to their broader portfolio, but they’re getting uncorrelated returns to traditional economic asset classes, something which is attractive in bull or bear markets, in the short or long term. But where might it go wrong? As someone who has spent more than a decade in the life settlement market, I’ve seen many…