Somers Limited securitising mortgage assets. Its shares are listed on the Australian Stock Exchange and Somers owns approximately 62% of Homeloans with the balance owned by institutional and retail investors. Bermuda Commercial Bank Limited is one of Bermuda’s four licensed banks and remains one of Somers’ largest investments. It accounts for 25.8% of the portfolio at March, 2018. Waverton Investment Management Limited is a London-based specialist investment manager with £5.3 billion AUM which accounts for 23.1% of Somers’ portfolio (2016: 23.4%). Somers has a 62.5% holding in Waverton Investment Management Limited. PCF Group (formerly Private and Commercial Finance Group) is a long
Russell Island (Frankland Islands) with a tropical island. The islands are very popular with reef tour operators working from Cairns. Russell Island (Frankland Islands) Russell Island in North Queensland is part of the Frankland Islands which form Frankland Group National Park, 30 km north-east of Babinda, and south-east of Cairns. A Queensland Parks and Wildlife Service campsite exists on the flat end of the island overlooking a beach; the other end of the island is steep with heavy jungle. Pythons are known to inhabit the island. The Frankland Islands are teeming with permanent & migratory marine life, especially the Green Sea Turtle which nests