Tyndall name returns following acquisition
Tyndall Asset Management, formerly part of Nikko Asset Management, has officially returned its branding as Tyndall.
Yarra Capital Management acquired Nikko’s Australian business in April which gave it ownership of Nikko AM’s Australian subsidiary and associated entities. However, Tyndall AM remained separate to Yarra’s style-neutral Australian equities business with no crossover in investment management activity or value investment philosophy.
Tyndall would continue to be led by Brad Potter who would lead a team of 11 professionals, focused on high-conviction, diversified portfolios.
The Tyndall name had been around in Australia for over 30 years.
Potter said: “We believe the best results in the future come from identifying value in the market today. Our single-minded focus on our clients helps us aim to deliver repeatable, sustainable and consistent investment outcomes. The team remains squarely focused on the continued delivery of strong, long-term outperformance.
“The rebrand restores the business to its former heritage, and we’re really excited to be bringing back a brand that has such an excellent and long-standing reputation in the Australian market for delivering for its clients.”
AUTHOR
Laura Dew
Recommended for you
Amid a growing appetite for alternatives, investment executives have shared questions advisers should consider when selecting a private markets product compared to their listed counterparts.
Chief executive Maria Lykouras is set to exit JBWere as the bank confirms it is “evolving” its operations for high-net-worth clients.
Bennelong Funds Management chief executive John Burke has told Money Management that the firm is seeking to invest in boutiques in two specific asset classes as it identifies gaps in its product range.
Responsible investment performance concerns have lessened as the market hits $1.6 trillion in AUM, according to RIAA’s annual report, but greenwashing fears among asset managers are on the rise.
