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Hobart resigns from Tyndall AM

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By Reporter
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2 minute read

Causeway Asset Management co-founder Mike Davis has been named Craig Hobart's successor.

Tyndall AM has named Mike Davis as its new managing director following the resignation of Craig Hobart.

Hobart will step down from the role as managing director effective 1 April.

Commenting on his departure, Hobart said: "Tyndall AM is now well-established as a stand-alone Australian fund manager.

"I am proud to have led Tyndall during such an exciting time in its development, but I am looking forward to taking a break and spending some time with my family."

Davis joins Tyndall AM from Causeway Asset Management, an alternative asset manager he co-founded in 2004, a company statement said.

He has more than 30 years of experience in the financial services industry and an career spanning London, New York and Sydney.

Newly appointed Nikko AM chief executive Charles Beazley said Davis' appointment brings a strong international background and decades of experience to Tyndall AM.

"Mike will be pivotal in helping Tyndall AM grow its business even further. His long-standing relationships with institutional clients and product development experience will be central in helping to win new mandates across the region," he said.