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Equity markets were staging a comeback from early February’s plunge, but then came news of President Trump’s intention to impose tariffs of 25 per cent on imported steel and 10 per cent on imported aluminium. The surprise announcement tumbled global ...

Two financial advisers have been promoted at LOM Financial (Bermuda) Limited. Brian Roos is now vice-president of investments, while Ihab Azab is assistant vice-president of investments. Both men joined the company five years ago. Mr Roos was previou...

The LOM Financial Group Limited has introduced a new fixed income mutual fund denominated in Canadian dollars. It will be managed by LOM Asset Management, the investment management subsidiary of the LOM Financial Group which currently manages fixed i...

Guidance on new financial reporting standards are to be published on the Ministry of Finance website later this month, the Alternative Investment Management Association said yesterday. The news came in an update on Aima Bermuda’s knowledge networking...

Dear Dave, How do you feel about using layaway programmes? JAY Dear Jay, I’m not a huge fan of layaway plans, because they’re not really the solution to a problem. What’s wrong with just saving up and buying stuff when you have the cash? I mean, Chri...

Bermuda Investment Advisory Services is offering global web-based trading for $6.95 per trade, plus two cents per share. Its just-launched Freedom Trading securities trading platform will have mobile capabilities. “This will be less than half the co...

Bermuda is “a step ahead” of the UK as it grapples with its exit from the European Union. Ariane West, a partner in law firm Taylors, in association with Walkers, said the island’s self-negotiated Solvency II equivalency status in Europe and work to ...

A former top US basketball player and a writer for hit cartoon show The Simpsons are to take part in an alternative investment conference at the end of the month. Ex-Baltimore Bullets and New York Knicks player Earl “The Pearl” Monroe, now an entrepr...

In the investment management industry women account for only 20 per cent of the membership, compared with 34 per cent in the legal profession and 50 per cent of accountants. The comparatively low percentage of women in the investment management space...

The impact on Bermuda’s alternative investment management industry after the UK’s decision to quit the European Union is to be discussed this Friday. The Alternative Investment Management Association will look at the implications of Brexit, as well a...

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...