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Market wrapBY AAP | WEDNESDAY, 4 JUN 2014 12:25PM
The Australian share market is trading lower despite better-than-expected headline economic growth figures.
Read more: GDP, Mr Lucas, Stockland, Wednesday, Economics, AEST, ANZ, Australand, BHP Billiton, Commonwealth Bank, Dow Jones Industrial Average, European Central Bank meeting, Fortescue Metals, Friday, IG market strategist Evan Lucas, March quarter, National Australia Bank, Noni B, Property group Australand, Rio Tinto, Singapore, Thursday, Tuesday, US jobs, Wall Street, Westpac
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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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