Reflecting types with generic arguments

Apologies if the title is a little confusing, but I'm stuck with a scenario that seems a little odd.

I've been working with a lot of reflection recently and passed off something early in my project, but now have begun to question it again.

When reflecting a type in .net that has generic arguments, the Name property of the reflected type seems to come out a little less friendly on the eye than expected.

For example:

If you had a List of string, the type is List and the generic argument is String, so: List<String>

However, when reflecting this, you get something similar to:

List<`1[String>

Would anybody be able to shed some light on this? It's an absolute mess to try and work with it, and I'm wondering if there's something I'm missing here?