Wealth Manager - the site for professional investment managers

Register for full access to Citywire’s Fund Manager database, news and analysis. Registration is free and only takes a minute.

Lord Marland takes WH Ireland stake above 8%

Lord Marland takes WH Ireland stake above 8%

Former Tory MP Lord Marland has once again lifted his stake in WH Ireland - three days after pouring £100,000 into the firm.

Marland, who was part of a consortium which invested £2.9 million into the stockbroker in 2008, earlier this week bought an additional 165,000 shares in WH Ireland, worth an estimated £94,000.

Lord Marland's latest transaction has seen the former Conservative politician take his holding above 8.1%, with a note to the stock market announcing he now owns 1,934,359 shares worth a total £1.17 million at a share price of 61p.

The two transactions come shortly after WH Ireland named Richard Killingbeck (pictured) as its new wealth head following the shock departure of Paul Compton, who was understood to have left his post amid an investigation into his personal share dealings.

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 Investment Pulse: the highs and lows of 2014

Investment Pulse: the highs and lows of 2014

This week's Investment Pulse looks back at some of the biggest stories of the year as well as looking forward to 2015.

Play Inside ETFs: Why the US bull-run still has legs

Inside ETFs: Why the US bull-run still has legs

Global equities suffered a sharp sell-off in the third quarter but exchange traded fund investors are continuing to back the US to outperform in 2015

Play Paul Niven: I won't rip up the Foreign & Colonial Trust history book

Paul Niven: I won't rip up the Foreign & Colonial Trust history book

The newly appointed manager of the Foreign & Colonial trust talks about his plans for UK's oldest investment company.

Your Business: Cover Star Club

Manchester wealth firm hires Coutts director for London launch

Manchester wealth firm hires Coutts director for London launch

Former Coutts director Tony Robinson has joined Chartered Wealth Management to head the company’s newly opened London office.

Wealth Manager on Twitter