Ex-Neptune manager Wintle bullish on US banks as he unveils Tyndall North American fund

Joined start-up firm last year

Felix Wintle, fund manager and CIO at Tyndall Investment Management, has introduced his first overweight banking position in at least a decade on his new North American fund.

Investment Week recently revealed Wintle (pictured) had joined the start-up firm, set up by former M&G fund manager Alex Odd in 2016, following his departure from Neptune Investment Management last summer. The VT Tyndall North American fund is offering a founder share class for all investments until the fund reaches £50m, charged at an AMC of 65bps; after which the fee will rise to 75bps. Wintle said it will consist of 40 to 50 stocks, with 70% in core positions and 30% in shorter-term tactical allocations reflecting his macro views. Replicating the investment approach the manager ...