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Economics

Market wrap AM

BY AAP | THURSDAY, 29 NOV 2012 8:15AM

The Australian market looks set to open higher following Wall Street gains on optimism the looming "fiscal cliff" of automatic tax rises and spending cuts threatening the US with recession can be avoided.

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Editor's Choice

Antares winds up Ex-20 Aussie equities fund

KARREN VERGARA

The Antares Capital Partners' Ex-20 Australian Equities Fund has been terminated after a seven-year run.

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The asset manager has listed the J.P. Morgan Australia Equity Active ETF (ASX: JPOZ) on the ASX, targeting to provide long-term return from local companies.

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