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
Sir Edward Pellew Group of Islands The group includes Vanderlin Island, North Island, West Island, Centre Island and South West Island. Combined, the islands have a total area of 2100 square kilometres; the largest, Vanderlin Island, is 32 km long and 13 km wide. Most islands are inhabited (some part-time) by the indigenous Yanyuwa people, and are also part of Wurralibi Aboriginal Land. Tourists may negotiate a fee to visit, camp, and fish there. North Island is home to the 5.41 km² Barranyi (North Island) National Park and offers free camping, with drinking water and barbecue facilities located near Paradise Bay Sir Edward Pellew Group of