Suncorp and Tyndall beef up
Brett Himbury
The Suncorp and Tyndall asset management businesses have been combined to form a $27 billion fund manager.
The move, confirmed today by managing director, asset management, Brett Himbury, will see the new business start with fund managers based in Sydney, Brisbane and Auckland, with the Australian operations retaining the Suncorp neutral style equity funds and being headed by Denis Donohue in Brisbane, and the Tyndall intrinsic value equity fund being headed by Bob van Munster in Sydney.
Himbury said the Suncorp and Tyndall fixed interest funds would be headed by Peter Scobie, who would move to Sydney to take up the new role, while Roger Bridges would take an expanded role in the fixed interest team.
Himbury was appointed to head-up the restructured investment operations in July, and it was expected then that significant changes would be implemented.
AUTHOR
Mike Taylor
Recommended for you
As the year draws to a close, a new report has explored the key trends and areas of focus for financial advisers over the last 12 months.
Assured Support explores five tips to help financial advisers embed compliance into the heart of their business, with 2025 set to see further regulatory change.
David Sipina has been sentenced to three years under an intensive correction order for his role in the unlicensed Courtenay House financial services.
As AFSLs endeavour to meet their breach reporting obligations, a legal expert has emphasised why robust documentation will prove fruitful, particularly in the face of potential regulatory investigations.
