Somers Limited is an investment holding company specialising in the financial services sector. It currently has investments in the banking, asset financing and stockbroking sectors.
Somers' primary investments include its 100% owned subsidiary, Bermuda Commercial Bank Limited, one of Bermuda’s four licensed banks and a 62.5% holding in Waverton Investment Management, a UK wealth manager with $6.5 billion assets under management. Other investments include a 44% economic interest in Ascot Lloyd, a UK IFA and a 21% interest in Merrion Capital, an Irish financial services group.
Somers Limited will provide a platform for corporate investments and acquisitions in the financial services sector. The fallout from the 2008 financial crisis is expected to continue to provide a number of attractive investment opportunities. Somers Limited will look to make further investments in the financial services sector where acquisitions meet the Company’s investment objectives.
Somers' shareholder funds as at June 30, 2015 is $218 million.
Somers Limited is a Bermuda exempt company whose shares are traded on the Bermuda Stock Exchange under the ticker code, SOM.BH.
Recent Press Releases
May 10, 2016
Somers Limited - Investment in MJ Hudson
March 22, 2016
Somers AGM 2016 Results