Category: Business
Apex Acquires Broadscope Fund Administrators
Apex Group Ltd. announced the acquisition of Broadscope Fund Administrators LLC, a US-based private equity fund administrator. “The deal adds a further $40 billion in assets under administration to Apex’s portfolio, taking it to a total of $650bn globally, in addition to further strengthening its capabilities and presence in the US following... Read more of this article
Bermuda Stock Exchange Report: March 20 2019
March 20 saw 3,050 shares trade on the Bermuda Stock Exchange, valued at $56,062.50 BD. 1,800 shares were traded by Ascendant Group Limited, closing even at $20.00 per share, while another 1,250 shares were traded by BF&M Ltd, closing at an even $16.05 per share. The BSX finished at 2,329.16, even on the day. There were 0 advances, 0 declines,... Read more of this article
Photos: Security Token Summit Meetings Held
Premier David Burt joined industry leaders within the security token marketplace yesterday at the Hamilton Princess to discuss the evolution of capital markets and work towards building a common framework on the issuance and trading of security tokens. “The Blockchain Token Association [BTA] was founded to support the growth of the blockchain... Read more of this article
OBA & Government On Media Spending Contract
“Government must explain why it is spending at least $50,000 promoting news messages like Ministerial statements through a media organisation owned by a former PLP MP,” OBA MP Susan Jackson said, while the Government noted that the spending with that particular outlet is $24,000 to date, they also spend with other media outlets, and they... Read more of this article
Governance Professionals Of Canada Workshop
Governance Professionals of Canada [GPC] hosted a workshop in Bermuda this week for their members and local Governance and compliance professionals, and the Minister of Labour, Community Affairs and Sports Lovitta Foggo was invited to present opening remarks. GPC‘s is a membership organization for governance professionals in Canada. Its members deal... Read more of this article
Dozens Of People Retire From Ascendant
[Written by Don Burgess] Nearly 13% of Ascendant’s workforce took up a voluntary retirement offer from Ascendant. A company spokesperson said that 50 people accepted early retirement. In the 2018 year-end financial statement, Ascendant said that BELCO had 258 employees, which was 67% of the staff employed by the Group which also includes AIRCARE,... Read more of this article
Ascendant’s Share Repurchases For March 18th
In a filing with the Bermuda Stock Exchange [BSX], Ascendant Group Limited advised that pursuant to its share repurchase programme, the company repurchased 50 common shares at an average price of $20.00 on 18 March 2019. The Company advised the repurchased shares will be cancelled. Related Stories Ascendant Celebrates Women’s Day Ascendant’s... Read more of this article
Bermuda Stock Exchange Report: March 19 2019
March 19 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,329.16, even on the day. There were 0 advances, 0 declines, and 57 remained unchanged. The full report for the day is available here [PDF]. Related Stories Bermuda Stock Exchange Report: Jan 8 2026 Bermuda Stock Exchange Report: Jan 7 2026 Bermuda Stock Exchange Report:... Read more of this article
Carla Seely Column: Planning For Longevity
[Written by Carla Seely] Wow, he made it. Over the past 14 years I have talked about him, written many articles about him and wondered whether he would actually make it to his 100th birthday. He is an inspiration to me; I have often reflected on his life, especially in times of my own self-doubt, not always because of his advice but because his life... Read more of this article
Zurich Bermuda Hosts Island-Wide Seniors Tea
For a decade Zurich Bermuda has sponsored island-wide social tea events for Bermuda’s seniors. With financial support and staff volunteers, over 1,600 tasty meals have been served to seniors during Heritage Month. The director at Bermuda Senior Islanders’ Centre, Fredrick Hassell said, “Fifteen senior groups spread across the island that... Read more of this article
Andrew Mantilia To Speak At Chamber AGM
The Bermuda Chamber of Commerce announced this year’s Annual General Meeting Luncheon keynote speaker, Mr. Andrew Mantilia, Global Geopolitics Lead, for KPMG. “Andrew is responsible for leading KPMG’s efforts globally to help companies and governments understand the implications of geopolitics on their business,” the Chamber said. “He... Read more of this article
BMSG To Expand Medical Facilities In Hamilton
Bermuda Medical Specialties Group [BMSG] announces its plans to expand in the City of Hamilton, saying they will “launch hospital care and urgent care in summer 2019,” which “will be in addition to the outpatient services and no appointment, walk-ins currently being offered.” “The changing landscape of healthcare and patients’... Read more of this article
