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
USS Somers (DD-947) demonstrated her worthiness to return to Fleet Service. In early 1981, SOMERS joined Battle Group Charlie and participated in READIEX 5-81 in preparation for the Battle Group s deployment. SOMERS was also a participant in the July 1981 FLEETEX 1-81, the largest U.S. Navy exercise in history. On 3 November 1981, she deployed with Battle Group Delta headed by USS CONSTELLATION (CV-64). During her eleventh and final deployment, SOMERS operated primarily in the Indian Ocean and made port calls in Guam, the Philippines, Diego Garcia, Bunbury Australia, Maldive Islands and Singapore. After successfully participating in READIEX 2-82 in May 1982,