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Challenger Ltd (ASX:CGF)

Diversified Financials

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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

ASX news
Today's ASX news
Rask ASX News Team

S&P/ASX 200 Pre Market News

Here are the headlines from the S&P/ASX 200 (INDEXASX:XJO)(ASX:XJO) and Australian finance circles on Tuesday morning.

ASX-Report
Today's ASX news
Jaz Harrison

Challenger Shares Slide On Higher Assets, Lower Sales

Challenger Ltd (ASX: CGF) shares traded slightly lower on Thursday after reporting its March 2018 quarter results, which included an update on its assets under management and annuity sales.

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