ILSF launched in Asia

• International Life Settlements Fund has been registered for sale in Singapore, as the company expands its marketing efforts into Asia.

  Singapore investors will now be able to gain direct access to the absolute return International Life Settlements Fund, according to the Luxembourg based company.

  International Life Settlements Fund is registered for sale in Singapore as a ‘restricted scheme’, thus only accredited Singaporean investors may access the fund directly.

  The development follows last month’s acceptance of Global Fund House’s registration application by the local financial regulator; the Monetary Authority of Singapore. International Life Settlements Fund has been entered into the list of Restricted Schemes.

  Global Fund House Management Sarl (the management company of International Life Settlements Fund) is currently looking to recruit sales executives based in Asia with a view to opening an office in Q4 of 2011.

• This is part of the company’s global growth strategy with Asia being a key component, according to Simon Cooper, Head of Sales and Marketing for International Life Settlements Fund.

  “The successful registration of International Life Settlements Fund in Singapore is the first step in building a solid regional presence to develop our business in Asia. We expect investors to find International Life Settlements Fund an attractive proposition due to its track record, strict operational procedures and independent counter-parties”, Cooper said.

  International Life Settlements Fund is a sub-fund of Fund House FCP SIF, a Luxembourg regulated mutual investment fund organised in the form of an open-ended specialist investment fund, launched in August 2009.