Tyndall managing director resigns
Tyndall Asset Management managing director Craig Hobart has resigned his position, to be replaced by Mike Davis.
Hobart oversaw Tyndall's sale and subsequent integration into Japanese fund manager Nikko Asset Management during his two years as managing director.
"I am proud to have led Tyndall during such an exciting time in its development, but I am looking forward to taking a break and spending some time with my family," Hobart said.
Davis joins Tyndall from Causeway Asset Management, an alternative asset manager he co-founded in 2004.
Nikko AM chief executive Charles Beazley said Davis's long-standing relationships with institutional clients would "be central in helping to win new mandates across the region".
"We are very grateful to Craig for his leadership during this time and wish him all the best in whatever he chooses to do in the future," he added.
Davis said he was pleased to be joining "a pre-eminent organisation such as Tyndall AM".
"I am very much looking forward to working with everyone involved to make sure Tyndall continues to build on this platform and add further products and capabilities that will cement our presence as part of a true pan-Asian funds management company," Davis said.
Recommended for you
ASIC has banned two advisers from the same advice firm for giving clients inappropriate superannuation advice that was not in their best interests.
AMP has unveiled enhancements to its digital advice platform, now offering personalised investment and contribution advice as it seeks to take a “market leading position” in the space.
A former Platinum investment specialist has joined Atrium, the multi-asset investment management arm of Fitzpatricks Financial Group.
Stockbrokers and Investment Advisers Association chief executive, Judith Fox, is set to retire at the end of this year.
