12th May 2016 07:23
LONDON (Alliance News) - WH Ireland Group PLC on Thursday said its Isle of Man office has been appointed to manage two investment mandates on behalf of the Isle of Man government.
Under the two mandates WH Ireland will act as discretionary investment manager for five years.
No financial details were disclosed.
"This is a strong endorsement of the Isle of Man office and the WH Ireland Group. Our international division has grown significantly from two to eight staff since the office launched in February 2014. The appointment to manage the two mandates gives us a sound platform to continue the growth of our international business and further strengthen our Isle of Man team," said Richard Killingbeck, WH Ireland's chief executive.
Shares in the company were untraded early Thursday, having last traded at 92.90 pence.
By Sam Unsted; [email protected]; @SamUAtAlliance
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