Changes are happening - please bear with us while we update our site. Click here to give us your advice and feedback.
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 Limited (ASX:CGF) has released its third quarter FY19 results. Here’s what you need to know.
Despite huge losses to the Challenger Ltd (ASX:CGF) share price over the last 12 months, some big brokers think the shares could go higher.
Challenger Ltd (ASX:CGF) shares have risen 8% in response to the company’s news about its strategic relationship with MS&AD Insurance.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.02% at lunch.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.52% at lunch.
Challenger Ltd (ASX:CGF) shares could be a mixed bag today when markets open following the release of its 2019 half-year report.
The S&P/ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) went up 0.01% on Monday.
After 2018 saw the S&P/ASX 200 (INDEXASX:XJO) drop by 6.9%, investors were offered some relief in January with the market rebounding to finish the month 4.25% higher.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX: XAO), is currently up 0.17% at lunch.