how we licenced

Bermuda Monetary Authority

Global Asset Allocation Limited (GAA) is an independent fund management company based in Bermuda.


GAA, in accordance with Bermuda Monetary Authority (BMA) regulations and guidelines, provides investment management services to sister company, GAA Investment Funds Ltd (GAAIFL).



Bermuda Commercial Bank Ltd

GAAIFL employs Bermuda Commercial Bank Limited (BCB) in Bermuda to act as the Custodian to its international funds. There are only four licenced banks in Bermuda who are authorised to provide this service in Bermuda.



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