Wealth Manager - the site for professional investment managers

Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

Lord Marland lifts WH Ireland stake above £1 million

Lord Marland lifts WH Ireland stake above £1 million

Former Conservative MP Lord Marland of Odstock has used the recent turbulence at the private client stockbroker to pour another £100,000 into the firm.

Marland - who was part of a consortium which invested £2.9 million into WH Ireland back in 2008 - has bought an additional 165,000 shares in the firm worth £94,000 based on its current share price of 57p.

The move lifts Marland's total stake in the firm to 1,769,359 shares, or 7.47%, worth a little more than £1 million.    

The transaction comes shortly after WH Ireland appointed Richard Killingbeck as wealth head following the sudden departure of Paul Compton, who was understood to have left his post amid an investigation into his personal share dealings.    

The upheavel sparked a slide in WH Ireland's share price, which at 57p sits well below its 12-month high of 102p.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play Wealth Manager Retreat 2017: size isn't everything

Wealth Manager Retreat 2017: size isn't everything

We asked our delegates at the Wealth Manager Retreat what they think about the recent wave of consolidation in the industry.

1 Comment Play CIO Tapes - part 3: 'passive funds are anti-capitalist'

CIO Tapes - part 3: 'passive funds are anti-capitalist'

Citywire recently gathered three of the UK's leading fund investment heads to discuss their hopes, fears and the issues that their jobs throw at them daily.

Play CIO Tapes: do investors have it as good as it gets?

CIO Tapes: do investors have it as good as it gets?

Citywire gathered three of the UK's leading fund investment heads to discuss what they fear and what makes them cheer about the year ahead

Read More
Your Business: Cover Star Club

Profile: Rathbone's Newcastle boss on the road to £1bn

Profile: Rathbone's Newcastle boss on the road to £1bn

Starting from zero assets on day one, Rathbone's Newcastle team now looks after just over £400 million in clients money

Wealth Manager on Twitter