Asset management cost to fall to 40-50 bps

Custody

Asset management costs predicted to fall to 40-50 bps

Superannuation funds’ asset management costs are destined to fall on average to around 40-50 basis points, predicts Chris Cuffe. The chair of UniSuper speaking at the Frontier Advisors Conference in Melbourne on Tuesday saw the removal of default status for industry funds as one of the key drivers of lower management expense ratios (MERs). Cuffe […]