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.
Drew Meredith, CFP and Owen Rask are back on The Australian Investors Podcast for ASX reporting season, covering CSL Limited (ASX:CSL), BHP Group Ltd (ASX:BHP) and more.
The Challenger Ltd (ASX:CGF) share price fell more than 10% after reporting its FY22 result to investors, displaying underlying growth.
The S&P/ASX 200 (ASX:XJO) gained another 0.3% on Thursday as Challenger (ASX:CGF) and Megaport (ASX:MP1) shares were in the news.
ASX shares have been out with big earnings reports today and some even bigger dividends. Here are 11 that caught my eye.
The S&P/ASX 200 (ASX:XJO) dropped 0.7% on Thursday as Wesfarmers (ASX:WES) and Corporate Travel (ASX:CTD) shares make headlines.
The S&P/ASX 200 (ASX:XJO) continued its strong recent run on Wednesday as Kogan (ASX:KGN) and Challenger (ASX:CGF) shares made headlines.
The S&P/ASX 200 (ASX: XJO) fell 0.2% on Wednesday as Bubs (ASX:BUB) and Bank of Queensland (ASX:BOQ) shares were in the news.
Investment manager Challenger Ltd (ASX: CGF) achieved a 3% increase in assets under management for the first quarter of FY22.
The resilient run of the S&P/ASX 200 (ASX: XJO) continued on Thursday as Collins Foods (ASX:CKF) and Sezzle (ASX:SZL) shares made headlines.
