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
Salt Island, British Virgin Islands At the annual parade celebrating the Sovereign's official birthday on 13 June 2015, the Governor announced that the previous tradition of presenting a pound of salt to the Sovereign would be renewed as a tradition in future years. Salt Island, British Virgin Islands Salt Island is one of the islands of the archipelago of the British Virgin Islands located about 4.7 miles south east (151 degrees true) of Road Town, the main town on Tortola. It is named after its salt ponds, which were once an important resource. Salt Island is most notable for the wreck of the Royal Mail