Friday, December 18, 2009

Goldman Sachs To Discontinue Life Settlement Index

Goldman Sachs, New York has discontinued its life settlement index (QXX), according to company spokesman Michael DuVally. The index which began in 2007 was discontinued because “there was not sufficient commercial activity associated with the index.”

Interviews with life settlement industry executives note that this has been a difficult year both for the life settlement industry as well as global financial markets.

This news item was initially posted at www.lifesettlementreview.com.

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