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
Some 42 per cent of CEOs say they are actively reinventing their business to stay relevant in the next decade, with consumer services the most common choice for asset and wealth managers.
Former Ophir Asset Management chief executive, George Chirakis, has joined private equity manager Scarcity Partners, while the asset manager has appointed a replacement from Macquarie.
Australian Unity has appointed a fund manager for its Healthcare Property Trust, joining from Centuria Healthcare, as it restructures the product with a series of senior appointments.
Financial advisers nervous about the liquidity of private markets funds for their retail clients are the target of fund managers launching semi-liquid products which offer greater flexibility and redemptions.
