Phillip Wale

Wealth manager and capital markets firm WH Ireland has posted its first annual profit in five years, following a turnaround effort.

Total revenue increased 37 percent to £29.6 million in the year ending 31 March, while profit before tax improved to £1 million, from the £3.3 million loss recorded in the prior year. Total assets under management increased 40 percent to £2.1 billion.

The firm said highlights from it...