The selection of investment companies in Bermuda span the
spectrum from boutique to behemoth. They provide advisement and
management for individuals, companies, and trusts. The services can
be directed or discretionary, segregated or pooled. Depending upon
the specific requirements of the clients, there is a firm to
complete the picture.
The Bermuda Stock Exchange services many markets. There is a
host of local companies. Many international investment funds list
here. The BSX is a major attraction for international companies.
Based on a Bloomberg trading platform, Bermuda is one of the
busiest markets for stock-crosses for some of the largest brokerage
firms in the world.
The superior professional services and telecommunications
infrastructure, along with the investment needs of the growing
insurance market, has attracted leading minds in the hedge fund
industry. Investment management, administration, and listing
services are all here. Annual conferences in Bermuda provide global
forums for those leading the innovation in the field.
Meantime, Bermuda banking has enjoyed a long and successful
history. Started more than 100 years ago to service local
businesses, Bermuda banking companies now reach out to every corner
of the globe with investment management, trust management and
administration services. The banks are technologically advanced
with on-line banking and international bill payment. Our banks
offer everything you might expect of a sophisticated financial
institution - credit and debit cards, investment services, 24-hour
ATM facilities, real-time online banking, loans and financial
advice.
The Bermuda dollar equals the US dollar and American money is
accepted everywhere on the island. No other currency is accepted,
but can be exchanged by local banks at market rates. Credit cards
are accepted at most retail outlets and there are ATM cash machines
around the island.