Market Wrap AMBY AAP | MONDAY, 27 APR 2015 9:10AM
The Australian market looks set to open higher after Wall Street gained on Friday with the S&P 500 and the Nasdaq both reaching new record highs.Read more: Nasdaq, Friday, S&P 500, Thursday, Australia, Greece, LONDON, Monday, NEW YORK, Wall Street, Hong Kong, Amazon shares, HONG KONG - Shanghai, Microsoft 10.5, Nasdaq Composite Index, Tokyo shares, AEST, Airbus Pacific, All Ordinaries index, Athex index, Atlas Iron, CAC 40, DAX 30 index, December 2007, Dow Jones Industrial Average, Economics, Frankfurt, FTSE 100, Google, June share price index futures contract, Legg Mason Global Investment Survey, Madrid, March 2, March quarter production results, Market Wrap AM, Milan, Paris, S&P/ASX200 index, Seoul, Sydney, US lead, 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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