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
Seal Islands (South Shetland Islands) Seal Islands (South Shetland Islands) The Seal Islands (also known as Îles des Phoques, Islas Foca, Islotes Foca and Seal Rocks) are a group of small islands and rocky islets lying about 7 km north and north-west of Elephant Island, in the South Shetland Islands of Antarctica. They extend east–west for about 5 km, and are separated from Elephant Island by Sealers Passage. The group takes its name from the largest island, which Captain William Smith named Seal Island in 1820 because of the number of seals killed there. Seal Island, the largest in the group, has a coastline of