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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

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.

Today's ASX news
Rask Invest Research Team

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.

smoke-drugs-health-medical-fall-bad
Today's ASX news
Rask Invest Research Team

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.

ASX Shares Rise
Today's ASX news
Rask Invest Research Team

S&P/ASX 200 Tipped To Rise

The Australian share market, or S&P/ASX 200 (INDEXASX:XJO)(ASX:XJO), is expected to open higher on Tuesday.

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