Butterfield’s Investment Services department provides custodial services that include the purchase and sale of securities on the Bermuda Stock Exchange and all major international markets. We offer both local safekeeping facilities and asset holding via our global sub-custodian, JP Morgan Chase.

We offer:

• Safekeeping of assets
• Processing of stock dividends, rights issues, bonus issues or other corporate reorganisation issues
• Income collection (dividend and bond interest)
• Monthly or quarterly statements

The following service areas comprise Butterfield Investment Services:

Securities Settlements
We settle various investment transactions in more than 80 markets via the JP Morgan Chase network.  Transactions include equities, fixed income, CMOs, etc.  We also hold direct investments in funds, and funds of funds via our nominee company, Field Nominees Limited.

Cash & Deposits, Data Processing
Fixed deposits, foreign exchange dealing and data processing are executed via the cash & deposits unit.

Corporate Actions
Processing of all corporate activity including:  rights issues, tender offers, stock dividends, stock splits and cash dividends.

Client Administration
The Client Administration team liaises directly with clients to complete authorised instructions.  An administrator, officer and assistant vice president are assigned to each account to ensure full coverage. This team is also responsible for reporting on assets held on a monthly or quarterly basis, as directed by clients.