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
Chatham Islands Chatham Islands The Chatham Islands form an archipelago in the Pacific Ocean about east of the South Island of New Zealand. It consists of about ten islands within a radius, the largest of which are Chatham Island and Pitt Island. Some of these islands, once cleared for farming, are now preserved as nature reserves to conserve some of the unique flora and fauna. The resident population is 600 (). The islands' economy is largely dependent on conservation, tourism, farming, and fishing. The archipelago is called "Rēkohu" ("Misty Sun") in the indigenous Moriori language, and "Wharekauri" in Māori. The Moriori are