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Showing 91 - 100 of 465 results for Challenger Funds Management

Industry funds gain ground in retirement asset battle: KPMG

ANDREW MCKEAN  |  FRIDAY, 5 MAY 2023
... the growth of industry funds, the retail sector has a significant proportion of member accounts in the pension phase. Challenger, Fiducian, Clearview Wealth, Macquarie, Perpetual, Netwealth, HUB24, and CFS lead the way with the highest proportion of ...

Challenger reports strong retail annuity sales

ANDREW MCKEAN  |  THURSDAY, 20 APR 2023
In an ASX announcement, Challenger reported a significant uptick in retail annuity sales in quarter three. Challenger's total Life sales were $2 billion, reflecting strong retail and Japanese sales. However, institutional sales ($1 billion) fell ...

Challenger to sell $3.4bn real estate arm

CASSANDRA BALDINI  |  THURSDAY, 6 APR 2023
... real estate business (CRE) to Elanor Investors Group for $42 million, with the two also establishing a partnership. Challenger's real estate funds management business has about $3.4 billion in assets across the retail, industrial and office sectors. ...

Challenger reports strong results

ANDREW MCKEAN  |  TUESDAY, 14 FEB 2023
Challenger had an increase in net profit before tax despite a significant drop in statutory net profit after tax due to negative market movements. Challenger's 1H23 net profit before tax (NPBT) rose 5% to $250 million, with the higher earnings driven ...

Super disruptors throw in the towel

KARREN VERGARA  |  THURSDAY, 9 FEB 2023
... Super, Spaceship, Crescent Wealth, Human Super and Zuper. Rainmaker Information analysis shows that at their peak, 30 challenger brands tried to take on established industry and retail funds, hitting $3.8 billion in funds under management and capturing ...

Alphinity debuts two funds on the ASX

RACHEL ALEMBAKIS  |  WEDNESDAY, 8 FEB 2023
... to uncover stocks that can deliver 'earnings surprises' to drive outperformance." Alphinity is supported by Challenger subsidiary Fidante. The listings are part of Fidante's strategy to further expand its range of products, Challenger chief ...

Bennelong picks new global chief executive

CASSANDRA BALDINI  |  FRIDAY, 13 JAN 2023
... global head. Prior to that, he worked in senior positions at Mercer, AllianceBernstein, Deutsche Bank, and more recently Challenger Investment Solutions. "We are delighted to welcome John as our new chief executive," Bennelong chair Michael Dwyer said. ...

FSC releases claims handling standard for super funds

ANDREW MCKEAN  |  TUESDAY, 10 JAN 2023
... a RSE under the Superannuation Industry (Supervision) Act 1993. Australian Ethical Investment, BT Financial Group, Challenger, Clearview Wealth, Colonial First State Investments, Equity Trustees Superannuation, HUB24, Macquarie Investment Management ...

PM Capital appoints distribution director

ELIZABETH FRY  |  FRIDAY, 9 DEC 2022
The former general manager of retail distribution at Challenger has taken on a new role at PM Capital. PM Capital has confirmed the appointment of Luke Cheetham as director of distribution. He will be responsible for the distribution of the firm's ...

Talaria hires head of sales

CASSANDRA BALDINI  |  MONDAY, 5 DEC 2022
... team and will help support the growth of the Talaria Global Equity Fund. Previously, Oliver spent over 13 years at Challenger in several business development roles, including leading its national distribution team. He has also held distribution roles ...