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
Banks Islands Banks Islands The Banks Islands (in Bislama "Bankis") are a group of islands in northern Vanuatu. Together with the Torres Islands to the northwest, they make up the northernmost province of Torba. The group lies about north of Maewo, and includes Gaua and Vanua Lava, two of the 13 largest islands in Vanuatu. In 2009, the islands supported a population of 8,533 on a land area of 780 km². The largest island is Gaua (formerly called Santa Maria), which has a rugged terrain, rising to Mount Gharat, an active volcano at the centre of the island, at . The freshwater