Brad Potter, who has helmed Australian equities at Tyndall Asset Management for the last decade, has announced his retirement from the business.
He will be succeeded by Tim Johnston, currently the deputy head of Australian equities.
Potter first joined the business in 2002 as a senior equity analyst and was named senior portfolio manager in 2007.
He has led the Australian equities team since 2014, serving as co-portfolio manager of the Tyndall Australian Share Wholesale Strategy and Tyndall AM CVA Plus Strategy, covering sectors like banks, utilities and infrastructure.
Prior to this, he was a director at Westpac and senior resource analyst with Ord Minnett.
“I want to thank our clients for their unwavering support over my 23 years at Tyndall. It’s been a privilege being entrusted to manage their capital,” Potter said.
“Tyndall has been part of the Australian investment landscape for over 35 years and I’m extremely proud of what we have achieved in my tenure.
“I have loved leading this team and wish Tim and the team every success for the future.”
With his departure, Johnston will have overall responsibility for leading the Tyndall AM franchise and its 10-person investment team.
He has been with the asset manager since 1997 and most recently, has been central to the launch of the Tyndall Australian Small Companies Fund.
Johnston will also become a co-portfolio manager for Tyndall AM’s flagship large cap strategy alongside existing co-portfolio manager Jason Kim.
“I’m honoured to be appointed to lead this business and am particularly excited to be stepping back into large-cap equities,” he said.
“We have a well-established, experienced team that is well-positioned for the period ahead.”
He also thanked Potter for his “immeasurable contributions” to Tyndall since first walking through the doors back in 2002.
“He leaves with our sincere thanks and very best wishes,” Johnston said.
Tyndall was formerly part of Nikko Asset Management but Nikko’s Australian business was acquired by Yarra Capital Management in April 2021. Nikko AM would gain access to Yarra’s investment products and Yarra would assume responsibility for the distribution of Nikko AM’s global suite of products in the Australian markets.
Tyndall AM remains a separate franchise to Yarra’s style-neutral Australian equities business, with no crossover in investment management activity and no change to its value investment philosophy or process.
