Tyndall’s expansionary aspirations

2 March 2011
| By Mike Taylor |

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.

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