Tyndall recruits head of institutional business

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Tyndall AM has appointed Matt Russell as head of institutional business, rounding off the appointments it has been making since becoming part of Nikko Asset Management (Nikko AM) as an independent fund manager.

Tyndall AM has appointed Matt Russell as head of institutional business, rounding off the appointments it has been making since becoming part of Nikko Asset Management (Nikko AM) as an independent fund manager.

Mr Russell was previously head of institutional business development and consultant relationships with Colonial First State Global Asset Management (CFSGM), and his 28 year financial services career has also included senior positions at Perpetual and Intech, among others.

He has extensive business development experience in both institutional and corporate superannuation areas, with asset class expertise ranging across fixed income, credit and Australian equities.

Mr Craig Hobart, managing director of Tyndall, said that Mr Russell’s experience and expertise matched Tyndall’s needs for head of institutional exactly.

“Matt has spent his entire career as a financial services professional, so brings a great deal of understanding and knowledge to Tyndall.

“We now have our senior management team in place, reflecting our position of an independent Australian fund manager backed by a strong regional entity in Nikko AM.

“We offer a proven product range, and our stable and well-established asset management teams are now supported by senor business development professionals who know the industry well, what client needs are, and how they are to be satisfied.

“These professionals have access to innovative client support techniques and systems, and Tyndall is now positioned for growth,” Mr Hobart said.

Tyndall AM offers Australian equities, international 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).

 -oOo-

 For further information please contact:

Craig Hobart – Phone: 02 8072 6301

 1 November 2011