BCB Signs Advisory Agreement With IceCap
Bermuda Commercial Bank [BCB], which is focused solely on commercial, corporate and private wealth individuals, signed a global investment advisory agreement with IceCap Asset Management Limited. Under the terms of the agreement, IceCap will provide discretionary investment management services for BCB’s clients.
J. Michael Collier JP, Chairman & Managing Director of Bermuda Commercial Bank, said IceCap’s product differentiates
the bank from its competitors: “IceCap’s approach to portfolio management is unique, cost‐effective and easy for our clients to understand. IceCap’s view of the World is refreshing and we are excited to be partners as we grow our investment management business in Bermuda and elsewhere around the World. We were also attracted to IceCap because of their long‐term, deep knowledge of the Bermuda investment market.”
Keith Dicker, CFA, President and Chief Investment Officer said “IceCap is extremely pleased to be working with BCB and we believe that our unique investment approach that includes gold, commodities and currencies as well as stocks and bonds will be attractive to BCB’s clients.”
Bermuda Commercial Bank Limited is one of Bermuda’s four licensed banks, established in 1969 and regulated by the
Bermuda Monetary Authority, and its shares are publicly traded and listed on the Bermuda Stock Exchange.
IceCap Asset Management Limited is an independent investment counselor and portfolio management firm dedicated to providing discretionary management services. Founded in 2010, its mission is to help people better understand the uncertainties of global investment markets and make them feel more comfortable with their investment portfolios.
