Little signs up with Constellation
Former Tyndall investment director Doug Little has emerged as the chief of new boutique funds management group Constellation Capital Management.
Former Tyndall investment director Doug Little has emerged as the chief of new boutique funds management group Constellation Capital Management.
Little, who departed Tyndall following the takeover of the group by Royal & SunAlliance, has been named managing director of Constellation which is chaired by former NSW Treasury secretary Percy Allan.
Constellation will aim to exploit gaps within both the wholesale and retail markets. The Qantas superannuation fundhas put up $7.5 in equity for the new group and Qantas superannuation general manager Mark Boesen will sit on the Constellation board.
Little’s appointment to the top job will also be reflected in the investment strategy at Constellation. Little has long been a driver of Tyndall’s value-based style, a style which shall be continued at the new operation.
Recommended for you
Multiple industry organisations have shared their thoughts on AFCA’s proposed rules amendment, supporting the idea of firms being named publicly when they fail to comply with determinations.
Channel Capital has appointed a head of investment oversight who joins from 14 years at asset consulting firm JANA Investment Advisers.
Licensee Centrepoint Alliance has completed the acquisition of Brighter Super’s annual review service advice book, via Financial Advice Matters.
ASIC has launched court proceedings against the responsible entity of three managed investment schemes with around 600 retail investors.
