StockMarketWire.com - WH Ireland Group said the six months to 31 May has seen further significant progression across the company, with both divisions reporting strong momentum both in absolute terms and also relative to the comparative period a year ago.

It said its H1 figures "will show a significant improvement on those for the previous year."

The Corporate and Institutional Broking division had witnessed a significant increase in transactional revenue, accelerating the client driven activity that we witnessed in the second half of last year.

"Our pipeline of new business is at the highest that it has been for several years reflecting not just an increased appetite for new issuance by existing clients, but also the result of new growth initiatives within the division beginning to contribute to revenue," said WH Ireland in a statement.

The Private Wealth Management division had continued to develop its client proposition around advice and fee related business.

"Our Wealth Planning business has had a particularly strong first half. At the interim period end our assets under management and administration had increased to in excess of £3bn, of which the fastest growing service proposition has remained our discretionary fund management service.

"The Board remains cautiously optimistic in relation to the rest of the period despite the obvious headwinds around both UK politics and the economy."






Story provided by StockMarketWire.com