Tyndall has updated its corporate identity and trading name, representing the final stage in the creation of the business as an independent fund manager in Australia.
It will now trade as Tyndall AM (Tyndall Asset Management).
Mr Craig Hobart, managing director of Tyndall AM, said that the change reflects a modern business and brand and is the final move in Tyndall’s relaunch as a stand-alone fund manager.
“The decision was made to continue the Tyndall brand because of its place in Australian financial services over two decades, and to continue to capitalise on its reputation and goodwill created over that time.
“One approach we have adopted in the fit-out of our own office is the Fund Academy approach where, for example, intermediaries can view an asset management team making decisions and see the Tyndall investment process at work.”
Mr Hobart said that the announcement of the Tyndall AM brand finalises the setting up of independent operations since joining Nikko AM.
“We have now put in place all aspects of our operation, including development of legal, risk and compliance operations, selecting suppliers for back-office services, as well as adding more institutional and intermediate support activities and strengthening both equity and bond asset teams – all involving new positions.
“As a result, it can be said that the company has been refreshed, and the branding reflects a number of overall improvements to client support and services – giving the same asset management approach and skills that Tyndall is well known for, backed with broader resources to provide additional client support,” he said.
Tyndall AM offers Australian equities and Australian and global fixed interest funds to retail and institutional investors in Australia. It has over A$22 billion in funds under management (as at 30 September 2011). It is a wholly owned subsidiary of Nikko Asset Management Co., Ltd., the largest regional asset manager headquartered in Asia with approximately A$165 billion in funds under management (as at 30 September 2011).
For further information please contact:
Craig Hobart – 02 8072 6301
27 October 2011