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Publish Date : 10-May-2016

WHIreland, a wealth management company of Isle of Man, has been successful to secure a contract from the Manx Government for the management of a pair of its investment portfolio.

WHIreland has started operations of an office in the Island in 2014.

At present, the wealth management firm has an employee fleet of 8 people.

The company, as part of the newly received contract, will serve as a discretionary investment manager on two mandates for a fixed period of five years.

The company has revealed that it has secured the deal after a 'lengthy and rigorous' tender procedure, which was managed by the Procurement Services division of the Government.

The CEO of WHIreland Group Richard Killiingbeck stated, This is a strong endorsement of the Isle of Man office and the WHIreland Group.

He further said, The appointment to manage two mandates gives us a sound platform, to continue the growth of our international business and further strengthen our Isle of Man team.

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