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
Crooked Island, Bahamas Crooked Island, Bahamas Crooked Island is an island and district, part of a group of Bahamian islands defining a large, shallow lagoon called the Bight of Acklins, of which the largest are Crooked Island in the north and Acklins in the south-east, and the smaller are Long Cay (once known as Fortune Island) in the north-west, and Castle Island in the south. The islands were settled by American Loyalists in the late 1780s who set cotton plantations using over 1,000 slaves. After the abolition of slavery in the British Empire these became uneconomical, and the replacement income from sponge diving