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 Big City Bright Future

Big City Bright Future

Big City Bright Future, the brainchild of BlackRock, is a three-week work experience programme for school leavers looking to forge a career in the City.

Play Kames' Ennett: Trump good for US high yield, but beware Europe

Kames' Ennett: Trump good for US high yield, but beware Europe

Kames Capital’s head of high yield David Ennett believes the changing political landscape will be a positive for the US, but negative for Europe in 2017.

Play Philip Milburn: why inflation won't run out of control

Philip Milburn: why inflation won't run out of control

Kames bond fund manager views inflation as more of 'scare' than a 'problem' and is positioning his portfolios accordingly.

Read More
Your Business: Cover Star Club

Profile: from Batman Live to commodity beta

Profile: from Batman Live to commodity beta

Charteris may be a family affair, but the company is not at any risk of turning sentimental

Wealth Manager on Twitter