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.
The S&P/ASX 200 (ASX: XJO) moved further from a record close on Tuesday. Challenger (ASX:CGF) and Latitude (ASX:LFS) shares are in the news.
The Challenger Ltd (ASX: CGF) share price drops despite recording solid growth in the third quarter. Why has the Challenger share price dipped?
The ASX 200 (ASX:XJO) is set to open lower following another weak session for US tech stocks overnight. Challenger (ASX:CGF) and AMP (ASX:AMP) shares are in the news.
The Challenger Ltd (ASX:CGF) share price will be on watch this morning on talk that it is looking at buying one of the AMP Limited (ASX:AMP) businesses.
The S&P/ASX 200 (INDEXASX:XJO) is expected to rise when the market opens on Monday. Zip Co (ASX:Z1P) and Baby Bunting (ASX:BBN) shares are in the news.
The S&P/ASX 200 (INDEXASX:XJO) is set to slide when the market opens on Thursday. Commonwealth Bank (ASX:CBA) and CIMIC (ASX:CIM) shares are in the news.
The Challenger Ltd (ASX: CGF) share price fell 15% upon the announcement of its half-year (HY21) results. So is this now a great ASX opportunity?
The S&P/ASX 200 (INDEXASX:XJO) is heading for a positive open on Wednesday. Challenger (ASX:CGF) and Macquarie (ASX:MQG) shares are in the news.
Challenger Ltd (ASX:CGF) has announced an acquisition this morning, can it help the recovery continue?