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A client director from a Bermuda firm is to speak at a major conference on alternative investments to be held in Bermuda for the first time. Sarah Demerling, client director at Estera, will speak at the three-day World Alternative Investment Summit, ...

Life insurance-based weath management firm Lombard International has appointed a new senior managing director to lead the firm’s Bermuda expansion. Phil Trussell joined Lombard International from insurance company Argus, where he was vice-president a...

The Bermuda network of an alternative investment organisation has set up a new executive committee. Craig Bridgewater, managing director at professional-service firm KPMG, has become the first chairman of the island branch of the Alternative Investme...

Centaur Fund Services has opened an office in Bermuda, after being impressed by the island’s welcoming attitude and professional approach to attracting new business. Centaur is headquartered in Dublin, with offices in London and New York. The fund a...

A company specialising in managing funds for the super-rich has launched a new pension plan with wider appeal. Granaway Wealth Management has teamed up with insurance company Freisenbruch-Meyer to create a plan that cuts down on fees — increasing the...

LOM Financial Ltd’s 2015 earnings fell as brokerage revenues declined, but assets under administration rose helped by strong performance of its mutual funds. The Bermuda Stock Exchange-listed broker-dealer said net income last year was $141,528 or 2....

NEW YORK (Bloomberg) — Bermudian-domiciled Lazard Ltd, the largest independent investment bank, said first-quarter profit rose 19 per cent, missing analysts’ estimates as revenue from asset management and advising on mergers declined. Net income clim...

Investment firm LOM’s new emerging-markets fund is off to a strong start. The fund, which started in January, earlier this month hit a 6.5 per cent investment return. The fund is designed to invest more in emerging market sectors leveraged to an incr...

Bermuda has made “great strides” in improving its attractiveness as a base for fund managers. That is the view of Jeffrey Short, a partner with professional services firm EY, who believes the Island has built a more compelling case as a potential hom...

A significant sovereign investment entity, which represents core stakeholders with a combined net worth of more than $100 billion, has strengthened its ties with Bermuda. The presence and activities of Scepter Partners are expected to put Bermuda “fu...

Financial services investment firm Somers Ltd has moved into a positive year-to-date position for its investments after a strong performance by Private & Commercial Finance Group (PCFG). Somers recorded net income of $8.6 million in the third quarter...

LOM Financial Ltd swung to a $225,747 net loss in the first half of the year, as the company made less on broking fees but more on management and advisory fees. The loss compared to a profit of $90,605 for the first half of 2014. But in a letter to s...