Caerus hands £130m mandate to Mansard Capital

The mandate worth £130m will see a change in investment approach on the funds which the company says will reduce their total expense ratios by an average of 0.2%. Instead of an approach employing the use of exchange traded funds (ETFs), the vehicles will now utilise index trackers. Caerus investment director Ronan Kearney said: "The move from ETFs to indices enables Caerus to provide its clients with a product that offers exceptional value and performance." The multi-asset Caerus funds were launched in 2011 and are aimed at a broad range of investors. They are available to Caerus a...