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.
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.