Market to open lowerBY AAP | WEDNESDAY, 5 AUG 2015 9:15AM
The Australian market looks set to open lower after falls on Wall Street following a mixed batch of earnings reports and another big decline by technology giant Apple.Read more: Australia, Apple, China, HONG KONG, July 21 earnings release, Monday, S&P/ASX200 index, Wall Street, Wednesday, London, New York, Australian Industry Group Australian Performance, AEST, All Ordinaries index, ANZ, Athens stock exchange, ATHEX index, Brisbane, CAC 40, CAPA Corporate Travel & Airport Innovation Summit, CSL, DAX 30, Dow Jones Industrial Average, Economics, Financial Services Council, Frankfurt, FTSE 100 index, Insurer Allstate, LONDON - Europe, Nasdaq Composite Index, NEW YORK - US stocks, Paris, PSI, S&P/NZX 50 Index, S&P 500, Seoul, September share price index futures contract, Services Index, Shanghai, Sydney, Tokyo, Tuesday, 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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