Market to open higherBY AAP | WEDNESDAY, 29 JUL 2015 9:00AM
The Australian market looks set to open higher after Wall Street snapped a five-day losing streak and European stocks were boosted by bargain-hunting after recent China-inspired losses.Read more: Monday, Australia, HONG KONG, Shanghai, UPS, Wall Street, Wednesday, London, AEST, All Ordinaries index, ANZ study, Apache, Beach Energy, CAC 40, ConocoPhillips, DAX 30, Dow Jones Industrial Average, Dow member ExxonMobil, Economics, Frankfurt, FTSE 100 index, LONDON - Takeover news, Nasdaq Composite Index, Newport, New York, Paris, S&P/ASX200 index, S&P/NZX 50 Index, S&P 500, Seoul, September share price index futures contract, Sydney, Tokyo, Tuesday, US stocks, WELLINGTON
The executive manager of operations at a $17 billion industry superannuation fund resigned recently, with a replacement yet to be appointed.
Clime Investment Management has partnered with Sequoia to launch a new fund that aims to provide a yearly income of 8%.
A three-day trial has been scheduled for the landmark case brought against Rest by member Mark McVeigh.
A retail superannuation fund has dropped the investment fees on three options by 10 bps to 19 bps, with its chair saying the cuts will help it be more competitive.
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