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Economics

Market Wrap

BY AAP | WEDNESDAY, 11 JUL 2012 8:30AM

The Australian market looks set to open lower following sharp falls on Wall Street overnight as investors digest a positive start to the US earnings season, a eurozone deal to help support Spain and its banks, and disappointing Chinese trade data.

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Vanguard to acquire custodian Altruist

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Vanguard will acquire custodian and investment platform Altruist in a bid to expand into the American independent financial adviser market.

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