Challenger Ltd (ASX:CGF)

Diversified Financials

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

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Today's ASX news

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.

Today's ASX news

S&P/ASX 200 Expected To Open Up

The Australian share market or S&P/ASX 200 (INDEXASX: XJO)(ASX: XJO) index is expected to open higher Thursday morning, according to data from the Sydney Futures Exchange.

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Today's ASX news

The S&P/ASX 200 Flopped Today

CSL Limited (ASX:CSL) tried its best to inject some enthusiasm into Australia’s S&P/ASX 200 (INDEXASX:XJO) (ASX:XJO) on Wednesday.

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