Tyndall rebrands in Australia

Tyndall has moved into the final stage of its relaunch as a stand-alone fund manager in Australia by rebranding as Tyndall Asset Management (Tyndall AM).

The updated trading name finalises the set-up of the company's operations since it was acquired by Nikko Asset Management (Nikko AM), according to Tyndall AM managing director Craig Hobart.

"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 time," Hobart said.

The financial resources of Nikko AM would back Tyndall AM up with the resources necessary to provide additional client support and services, he added.

One new initiative undertaken by Tyndall AM is the implementation of what Hobart called a 'fund academy' approach, where intermediaries could come into the Tyndall AM office and view the asset management team at work.

The newly rebranded company has also put into place legal, risk and compliance operations - as well as the selection of suppliers of back office services, Hobart said.

"[We have also] added more institutional and intermediate support activities, and strengthened both the asset and bond asset teams - all involving new positions," he said.