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
Necker Island (British Virgin Islands) Necker Island (British Virgin Islands) Necker Island is a island in the British Virgin Islands just north of Virgin Gorda. The island's land is entirely owned by Sir Richard Branson, chairman of the Virgin Group, and is part of the Virgin Limited Edition portfolio of luxury properties. The whole island operates as a resort and can accommodate up to 34 guests, with additional room for six children. Necker Island is located at latitude 18.55 north and longitude 64.35 west in the eastern section of the British Virgin Islands. It is about north of Virgin Gorda and north-east of Prickly Pear