There are fewer super funds, and associations that represent them, than ever before. But multiple layers of industry representation working at cross-purposes means that true unity has remained elusive, according to the Financial Services Council.
The world’s largest sovereign wealth fund just made its largest return ever. But the probability of extreme market events has “arguably risen”, and it’s carrying out stress tests for a more uncertain future.
Nikko lends marketing support to Tyndall
(Pictured: David Collins)
Nikko Asset Management is further integrating its business support functions with that of its Australian subsidiary, Tyndall Asset Management, with the establishment of a new position of global group marketing and communications.
David Collins has joined Nikko in Tokyo from Hartford Financial Services Group. He was formerly a television producer and has worked in Asia for more than 20 years in both the media and financial services.
Tyndall has been working on sharing its investment capabilities with its parent since the new management under CEO Mike Davis took over last year. For instance, Tyndall is offering some of its Australian strategies to Japanese investors and similarly looking to offer Nikko’s international strategies in Australia.
Tyndall last year bought the alternative debt firm Causeway Financial, which was run by Davis and Tim Martin, and appointed the duo to the senior positions at the firm – Davis as CEO and Martin as head of alternatives.
