I have a not insignificant chunk of my savings invested in funds mainly concentrated in assets in the Asian region through AIA, which I understand is a subsidiary of AIG.
I just checked their value today and they are about 65% of what I paid for them in September last year - the surrender value is even less :/ (yes I know it pretty much reflects market performance I guess, am not looking for pity)
Just wondering about the dangers of leaving my investments through them? I'm somewhat worried about their financial situation and don't know if it could mean I lose all of my investments through them. Cashing out is a bit of a worry too at this point in the market. I heard about the US gov bailout amount announced today but still am quite nervous. I have already been contacted by someone at Manulife and I can speak to him, my friend at AIA who helped me organise this, or my financial planner, but I am not sure if they will give unbiased views (my FP is linked to certain funds) and really I am hoping to get some independent views..