Tyndall to sate Japan's thirst for Aussie dollar assets

Some two years after Nikko Asset Management bought Tyndall AM for $80 million, the Sydney-based firm is busy selling Australian investment ideas to yield-hungry Japanese investors. The firm’s managing director, Mike Davis, was in Tokyo last week launching an Australian bank loan fund – a diverse pool of corporate bank loans rated investment grade. "It is designed to satisfy an increase in investor appetite for yield in the face of yen weakness,” Davis tells AsianInvestor. He mak…