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In cutting the cost of borrowing for the first time in overfour years. The Federal Reserve have dropped the main Interest Rate in the worlds biggest economy by half a percentage point, bringing it down to between 4. 75 and 5 . A drop larger than many expected, with some wondering now if this reflects the scale of the problems facing the american economy or the success in getting the pace of price rises, inflation, close to the banks targets. The governor of the fed, Jerome Powell says the us economy is in good shape and they intend to keep it that way. Our North America Business correspondent ...

Schroders Capital has been awarded its first Australian private debt mandate from a larger industry super fund worth $250 million. The private markets investment division of Schroders has been handed

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

Schroders has announced the launch of the new fund for institutional investors after securing a foundation investment mandate from a large superannuation fund.

Schroders has launched a new fund managed directly to the Your Future, Your Super alternatives benchmark, responding to demand from a government super fund now invested in the strategy.