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The large amount of macro uncertainty plaguing the world today has led to a boom in financial products that hope to alleviate one’s concerns and hedge risk. Hedge funds, of course, have always promised to hedge risk and offer absolute returns but th...

A new fund that give investors exposure to a range of Bermuda companies is due to start trading on the Bermuda Stock Exchange today. Bermuda First Investment Company Ltd (BFIC) is a fund with significant investments in companies including KeyTech, As...

Investment management firm Nephila Capital has promoted a new partner to its management team. Bermuda-based Nephila announced yesterday that David Oliveira, who has been with the firm since 2006, will join the existing eight partners from his current...

LOM Securities (Bermuda) Ltd has announced that Mark Jennings has been named assistant vice president — Investments. Mr Jennings joined LOM in March 2009 as deputy operations manager and became a financial adviser in 2010. LOM sales manager Michael...

LOM (Holdings) Limited has bought 200 of its own shares for cancellation at a price of $2.50 a share, the company said yesterday. Publicly held LOM purchased the shares on May 10, which was their most recent trade. Their 52-week high has been $3.60 T...

AFL Investments and the Bermuda Chamber of Commerce will be hosting an informational session on investing in Canada next week. The hour-long seminar, entitled “Investing in Canada and Canadian Tax Update”, is designed for anyone interested in learni...

Trading software company Convergex has closed its Bermuda operation - which is being investigated by the US Securities and Exchange Commission and Department of Justice. It’s not clear how many employees ConvergEx Global Markets (CGM) had here but i...