Tyndall’s expansionary aspirations
Tyndall Investment has signalled an expansion of its intentions following the completion of its acquisition by Japan’s Nikko AM.
Nikko AM head of international and institutional businesses Charles Beazley said the Tyndall acquisition would help drive the company’s growth in the Asia Pacific, while Tyndall Investments managing director Craig Hobart said it would open up significant new business opportunities in the region and beyond.
Beazley said Australia was a strategically important country regionally and an increasingly important source of investment capital and fund management capabilities.
“Combining our networks and knowledge with Tyndall’s expertise and strong track record creates a business proposition that is perfectly placed to meet the needs of investors in the region and beyond,” he said.
Nikko AM is regarded as one of Asia’s leading asset management companies with offices in Tokyo, Singapore, London, New York and Hong Kong and owns 40 per cent of Chinese investment management company Rongtong Fund Management Company.
The company in December announced a plan to acquire DBS Asset Management, the asset management arm of DBS Bank.
AUTHOR
Mike Taylor
Recommended for you
Retail investment into private credit funds could surpass that of sophisticated investors, according to ASIC, but the regulator admits it is unsure how and where these individuals are first being introduced to the vehicles.
With the high cost of advice keeping young Australians locked out of advice, a fintech provider has said digital advice is key for licensees to capture this unadvised demographic.
ASIC chair Joe Longo has announced he will step down at the end of his term, departing the corporate regulator in May 2026.
When it comes to the phase-out of AT1 bonds, Schroders fixed income manager Helen Mason has urged financial advisers to sell up sooner rather than later or risk capital losses.
