German investors are finding Americans are not dying quickly enough according to an article on SpiegelOnline.
The story relates to investors in a German traded life policies (TLPs) fund—the Deutsche Bank Kompass fund—who are disillusioned with the return on their investment. The problem, says the article, is that the insured are not dying as young as expected. Therefore the returns to German investors are less then expected.
Investing in such funds has always conjured up images of dealing with death owing to the fact that investors benefit from the death of policy holders. However, unsurprisingly, those interviewed in the article are more worried about what will happen to their investments.
So far no one has raised such concerns over here, with TLPs proving popular among investors. Last year it was one of the few asset classes to make a positive return.