Tyndall AM launches Australian small-cap fund
Tyndall Asset Management has announced the launch of a new Australian small-cap investment fund.
It would invest in a diversified portfolio of some 25–70 Australian small-cap companies believed by the asset manager to be undervalued.
The Tyndall AM Australian Small Companies fund would be managed by co-portfolio managers Tim Johnston, deputy head of Australian equities and James Nguyen, portfolio manager and senior analyst.
“We’re excited to be adding Australian Small Caps to our suite of capabilities and are confident that our proven intrinsic value process is well suited to finding opportunities in what remains a more inefficient part of the market,” said Johnston.
“This new fund has been many years in the making, and we’re confident that coupling our strong focus on quality and free cash flow generation will set us apart from the pack.”
Nguyen noted that the managers brought over 40 years of combined market experience to the fund.
He said: “We’re confident in our ability to find great investment opportunities across the market spectrum, including in sectors such as resources where Tyndall’s depth of experience differentiates us from many small-cap investors.”
“Tim and James are outstanding portfolio managers in their own right, and we’re delighted to be bringing a new product to market where there’s a clear gap for us to participate and for their combined talents to shine,” added Brad Potter, Tyndall AM head of Australian equities.
The asset manager’s 12-person investment teams managed some $9 billion in funds under management, working with retail and institutional investors, private clients, superannuation clients, and charitable trusts.
Established in 1989, Tyndall AM became part of Yarra Capital Management Group in April 2021 following the acquisition of Nikko AM’s Australian business.
Recommended for you
Tribeca Investment Partners has made a distribution hire from Australian Ethical in a newly-created role focused on the national intermediary market.
Asset managers may be urged to diversify their product ranges, but investment executives have warned any M&A deal should avoid simply filling gaps and instead consider long-term value creation.
Specialist wealth platform provider Mason Stevens has become the latest target of an acquisition as it enters a binding agreement with a leading Sydney-based private equity firm.
Fund managers are entering 2025 with the most bullish sentiment since August 2021 and record high allocations to US equities, thanks to the incoming Trump administration.