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
Apostle Islands National Lakeshore name was apparently also used for Eagle Island itself, in which case Steamboat Island was called "Little Steamboat Island." Multiple sources dating from August 1901 document the disappearance of the island around that time, due to unknown natural forces. The Apostle Islands are a result of the glaciers that once covered North America. "Geologically they are originally part of the main land at the edge of the great rift or fault which formed the depression to which the waters of Lake Superior collected." When the glaciers melted, waves from the waters of Lake Superior caused erosion that formed the islands.