Tyndall has created a new head of retail position to emulate the success of its institutional business and has placed Craig Hobart in the role.
Tyndall managing director Brett Himbury said the fund manager had always maintained a presence into the retail market this is an opportunity to increase the business development management.
Hobart's is the only new appointment at the moment but part of his role would be reviewing the current resources, Himbury said.
Hobart's role will place him alongside Tyndall head of institutional business Stephen O'Brien and head of sales and marketing Philip Galagher, each direct reports of Himbury.
Hobart was previously ABN Amro Asset Management and has also worked with Deutsche Asset Management and BT Funds Management in senior retail positions.
Himbury said the appointment was a major step in the Tyndall strategy. "This new position is an important component of our plans to increase our retail market presence, building on Tyndall's reputation and image as a true-to-label investor," Himbury.
"Craig has the ideal experience to further enhance Tyndall's masterfund and researcher relationships, as well as a successful track record in retail sales development."
