1648 results returned for search: "" category "Business" author Scott Neil
A soon-to-be implemented European directive affecting alternative investment fund managers is set to be signed, in a cooperation agreement capacity, by the Bermuda Monetary Authority.
The move by the BMA should benefit Bermuda-based funds and fund ma...
DATE: Mar 28, 2013
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CATEGORY:
Local Business
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AUTHOR:
Scott Neil
The departure of exempt company employees from Bermuda’s shores, coupled with the continuing contraction of the economy, has claimed another business casualty.
Curves fitness studio for women, based in Gorham Road, Hamilton, will close its doors at t...
DATE: Mar 27, 2013
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CATEGORY:
Local Business
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AUTHOR:
Scott Neil
Scotland-registered asset management company Standard Life Investments has slightly lowered its ownership of shares in Lancashire Holdings, consequently reducing its voting rights, direct and indirect, within the company to 5.99 percent.
Standard Lif...
DATE: Mar 27, 2013
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CATEGORY:
International Business
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AUTHOR:
Scott Neil
A raft of Bermuda-based and Bermuda-linked insurance and reinsurance companies have seen their stock prices hit one-year highs this week.
While the Dow Jones Industrial Average has been posting records this month, reaching an all-time high of 14,547 ...
DATE: Mar 22, 2013
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CATEGORY:
International Business
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AUTHOR:
Scott Neil
Investment company BH Macro, which has its shares listed on the Bermuda Stock Exchange, as well as in London and Dubai, has reported a gain in its net asset value (NAV) of 3.94 percent during 2012.
The gain relates to the company’s sterling shares.
B...
DATE: Mar 22, 2013
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CATEGORY:
Local Business
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AUTHOR:
Scott Neil
Two empty floors of office space in the heart of Hamilton that have remained unoccupied since they were built four years ago bear testament to the ongoing contraction of the Island’s economy.
Construction of Washington Mall Phase III was well underwa...
DATE: Mar 21, 2013
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CATEGORY:
Local Business
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AUTHOR:
Scott Neil
Two empty floors of office space in the heart of Hamilton that have remained unoccupied since they were built four years ago bear testament to the ongoing contraction of the Island’s economy.
Construction of Washington Mall Phase III was well underwa...
DATE: Mar 21, 2013
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CATEGORY:
Local Business
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AUTHOR:
Scott Neil
If you’re looking for a place in Hamilton where you can browse and buy your favourite tunes in a physical format, don’t bank on it being an easy search.
Because the digital age has taken its toll on record stores and departments. For the few retailer...
DATE: Mar 20, 2013
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CATEGORY:
Local Business
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AUTHOR:
Scott Neil
Bermuda-based shipping container investment and leasing group SeaCo Ltd has announced a second liquidating distribution of $0.05 per share, representing a payout of $33 million.
SeaCo was formed in 2009 to hold the existing container leasing investme...
DATE: Mar 20, 2013
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CATEGORY:
Other
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AUTHOR:
Scott Neil
Canopius Group’s Bermuda reinsurance platform, Omega Specialty Insurance Limited, has been renamed Canopius Reinsurance Limited.
The change comes hot on the heels of last week’s sale of Canopius Holdings Bermuda Limited and its merger with Tower Grou...
DATE: Mar 20, 2013
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil