Tyndall Asset Management (Tyndall AM), which has funds under management of approximately $9 billion, has announced the launch of its newest investment fund, the Tyndall AM Australian Small Companies Fund.
Specifically, the fund invests in a diversified portfolio of approximately 25-70 Australian small cap companies that Tyndall AM believes are undervalued, and in doing so, seeks to provide consistent risk-adjusted returns over the long term, with strong capital growth.
Tim Johnston, deputy head of Australian equities, and James Nguyen, portfolio manager and senior analyst, will be supported by Tyndall AM’s 12-strong investment team as co-portfolio managers of the fund.
Speaking on the new launch, Mr Johnston said: “We’re excited to be adding Australian small caps to our suite of capabilities and are confident that our proven intrinsic value process is well suited to finding opportunities in what remains a more inefficient part of the market.
“This new fund has been many years in the making, and we’re confident that coupling our strong focus on quality and free cashflow generation will set us apart from the pack.”
Mr Nguyen highlighted that the duo bring more than 40 years of combined market experience to the role.
“We’re excited to launch a quality-biased product focused squarely on Australian small caps,” Mr Nguyen said.
“We’re confident in our ability to find great investment opportunities across the market spectrum, including in sectors such as resources where Tyndall’s depth of experience differentiates us from many small cap investors.”
“Tim and James are outstanding portfolio managers in their own right, and we’re delighted to be bringing a new product to market where there’s a clear gap for us to participate and for their combined talents to shine,” added Brad Potter, Tyndall AM head of Australian equities.
Tyndall AM became part of the Yarra Capital Management Group following the acquisition of Nikko AM’s Australian business in April 2021.