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Bargain hunters drive strong market gainsBY AAP | FRIDAY, 29 MAY 2015 12:40PM
The prospect of further interest rate cuts, plus plenty of bargain hunting by savvy investors, is fuelling the strongest session on the share market in more than a month.
Read more: ANZ, BHP Billiton, Commonwealth Bank, Economics, Fairfax Media, Fortescue Metals, Michael Heffernan, National Australia Bank, Phillip Capital, Rio Tinto, Seven West Media, Telstra, Westpac 73 cents
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Delivering Income from Infrastructure
In another first for Pinnacle Investment Management this week, the firm has set up a North American-based affiliate in a small-cap equities fund manager.
The $65 billion industry superannuation fund has welcomed a head of investment product and communications who has previously held roles with MLC Asset Management and BlackRock.
Mirae Asset Global Investments has appointed Citi Australia as its provider of custody and fund administration services for its Australian funds management business.
The Retirement Income Covenant's introduction to parliament yesterday has been welcomed by major industry bodies.
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