Vision Super appoints deputy CEO
Industry superannuation fund Vision Super has promoted its chief investment officer, Michael Wyrsch, as its deputy chief executive officer but he will also continue to manage the investments function in his current role.
The fund’s chief executive, Stephen Rowe, said as the CIO Wyrsch had reduced investment management costs and improved results.
“Our MySuper default Balanced growth option is top three over the last financial year, and top ten over all periods up to ten years. Most of our other options are top quartile,” Rowe said.
“Michael would tell you that those returns are mainly the result of good luck, but the credit is his – he’s largely responsible for the foresight, careful planning and strategic thinking behind every investment decision.
“As deputy CEO, Michael is going bring that same foresight, careful approach to planning and broad strategic thinking to the fund as a whole, and I am looking forward to working with him closely in his new role.”
Recommended for you
The super fund has appointed Queensland director and super fund executive Brendan O’Farrell to its board as part of its ongoing governance renewal.
The $205 billion super fund has appointed Simon Warner as chief investment officer (CIO) following a global search to replace outgoing Damian Graham.
Industry super fund Rest has appointed an interim head of private markets following the exit of Simon Esposito.
Two former Statewide Super executives have been acquitted of dishonesty charges following a trial in the District Court of South Australia.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
220.82 3 y p.a(%)
2
Loftus Peak Global Disruption Fund Hedged
110.57 3 y p.a(%)
3
Quay Global Real Estate Fund (Unhedged) Active ETF Hedged
89.04 3 y p.a(%)
4
SGH Income Trust Dis AUD
80.18 3 y p.a(%)
5
Global X 21Shares Bitcoin ETF
76.11 3 y p.a(%)
