Challenger Ltd (ASX:CGF)
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Challenger Ltd (ASX: CGF) is Australia’s largest provider of ‘annuities’, which are financial products typically sold to retirees who seek reliable income. Challenger was established in the mid-80’s and listed on the ASX in 1987. In 2018, Challenger managed more than $90 billion between its investment portfolio, which is the sum of the money invested by retirees who buy annuities, and its fund management business.
Challenger Ltd (ASX:CGF) share price
Challenger Ltd (ASX:CGF) share price news
Here’s Why Challenger (ASX:CGF) Shares Fell 13% – Is It A Buy?
Challenger Ltd (ASX:CGF) shares have fallen 15% in early trade after issuing earnings guidance for the upcoming half year result.
S&P/ASX 200 To Open Lower, 3 ASX Shares To Watch
The S&P/ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open lower today, the USA’s S&P 500 Index (.INX) went down 1.42% on Tuesday.
1 Obvious Reason I Wouldn’t Buy Challenger Ltd (ASX:CGF) Shares
Challenger Ltd (ASX:CGF) shares have substantially outperformed the Australian sharemarket or S&P/ASX 200 (^AXJO) (INDEXASX:XJO) over the past five years.
ALL ORDINARIES Index Down, Telstra (ASX:TLS) Shares Down
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 1.30% at lunch.
ALL ORDINARIES Index Up, NAB (ASX:NAB) Shares Rise
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.04% at lunch.
ALL ORDINARIES Index Up, Amcor (ASX:AMC) Shares Rise
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.24% at lunch.
S&P/ASX 200 News Friday
Here are the stories from the S&P/ASX 200 (INDEXASX:XJO)(ASX:XJO) and Australian finance circles on Friday.
2 Things To Know About The New Challenger Ltd (ASX:CGF) CEO
Challenger Ltd (ASX:CGF) announced at its AGM that it is appointing a new CEO with Brian Benari retiring.
ALL ORDINARIES Index Up, CSL (ASX:CSL) Shares Rise
Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.88% at lunch.