Vision Super CIO successful in mandate to lower MERs

Hedge Funds

Vision Super CIO successful in mandate to lower MERs

A year on from appointing its first chief investment officer, Vision Super has reduced the operational management expense ratio (MER) by 42 per cent and the investment MER by 25 per cent. Michael Wyrsch was appointed with the expressed mandate of reducing the investment costs with its custodian (National Australia Bank), its investment consultant (Frontier […]