Whitehelm picks up key mandate
Specialist investment group, Whitehelm Capital, has been selected as the investment advisor for the Aboriginal and Torres Strait Islander Land Account.
The group’s appointment follows on from its rebranding and relaunch in July.
Announcing the development this week, Whitehlem chief executive, Gary Withers said it represented significant new business for the company.
Whitehelm will act as the investment advisor for the $2 billion Land Account which operates under the Aboriginal and Torres Strait Islander Act 2005 and is established for the purpose of making payments to the Indigenous Land Corporation.
“The Land Account adds to our roster of prominent Australian Institutional clients,” Withers said.
Whitehelm head of portfolio construction, Ross Blakers said the Land Account was focussed on fixed income and cash asset classes.
Whitehelm’s advisory business utilises a largely independent advisory committee consisting of independent directors Janet Torney, Warwick McKibbin and Ken Liow.
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