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Managing Partners Limited to Stage Free Masterclasses on TLPs

Managing Partners News
January 19th, 2009

LONDON, 19.01.2009 - Managing Partners Limited (MPL), the boutique fund manager, is staging a series of free masterclasses for IFAs and institutional investors on traded life policies (TLPs), which are gaining increasing recognition for their ability to deliver steady, predictable returns uncorrelated with other asset classes.

While awareness of TLPs is growing, there is still scope for more education. For example, research* by MPL shows that IFAs who said they were familiar with TLPs to a great extent rose from 18% to 22% between 2007 and 2008, while those familiar to a little extent rose from 48% to 56%.

Jeremy Leach, Managing Director of MPL commented: “Those investors who have suffered losses in equities, bonds and even cash funds need look no further than TLPs for a safe haven. Our Traded Policies Fund has delivered double-digit returns over the last year, which is not a record that the vast majority of investment funds can boast.

“Our masterclasses will help advisers and investors get a full grasp of this rapidly growing asset class, which offers so many benefits, not least of which is the fact that they save investors from having to worry about turbulence on the financial markets, falling interest rates or commodity prices.”

Attendees at the masterclasses will also be able to pick up free copies of the Merlin Stone Report: The Market for Traded Life Policies, which was published by Professor Merlin Stone of the Bristol Business School in December. The report provides a comprehensive guide to the TLP market backed up by extensive research.

TLPs are US-issued whole of life policies sold before their maturity date to allow the original owners to enjoy some of the benefits during their own lifetimes. TLPs are purchased at a discount from their maturity values, which in the majority of cases is fixed at outset. This means they are guaranteed to rise in value. The TLP market has seen huge growth from $50m in 1990 to $20bn in 2007.
The masterclasses will be held at The Marriott in Edinburgh on 9th February; The Marriott Victoria and Albert in Manchester on 10th February; The Forest of Arden Hotel & Country Club in Birmingham on 11th February; The Hilton in Bristol on 12th February; and The Waldorf Hilton in London on 13th February. Registration is at 9.00am and with a buffet lunch at 12.30pm.

To book a free place, IFAs and institutional investors can call 0845 434 7725 or send an email to: masterclass@managing-partners.com.
 
For further information on Managing Partners Limited range of funds, call 0207- 965- 4631 or visit (www.managing-partners.com).

Notes to Editors
* MPL commissioned the research company George Street Research to interview 201 IFAs throughout the UK between 9th and 16th June 2008
Managing Partners Limited (MPL) is a multi-disciplined investment company that specializes in managing alternative asset classes for institutions and sophisticated investors. It is a market leader in managing funds that invest in traded policies, an asset class that is renowned for its low-risk, inherent guarantees and balanced growth characteristics.

The board of MPL has more than 70 years’ collective experience in asset management.

MPL is recognized by the Cayman Islands Monetary Authority as an asset manager, where it manages a number of collective investment schemes and regulated mutual funds with total assets in excess of US$100 million.