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Showing 111 - 120 of 884 results for "Challenger."

AZ NGA welcomes head of M&A

CASSANDRA BALDINI  |  MONDAY, 10 JUL 2023
AZ Next Generation Advisory (AZ NGA) has appointed Yasemin Onat to lead future mergers and acquisitions. At the same time, Andrew Symes joins as general counsel and company secretary. The firm recently added the role of general counsel role to its standing ...

Fidante partners with Proterra Asia

CASSANDRA BALDINI  |  TUESDAY, 27 JUN 2023
Challenger's multi-affiliate has entered a strategic partnership with Proterra Investment Partners Asia via a minority stake. Fidante said the private equity investor, which focuses on the Asian food and agribusiness sectors, aligns with its overarching ...

Challenger lowers stake in Elanor

KARREN VERGARA  |  FRIDAY, 16 JUN 2023
Challenger's majority stake in Elanor Investors Group continues to drop as another investor has come in to secure a minority stake. Challenger will now have a 13.7% interest in ASX-listed Elanor (ENN), down from 16.7% as revised in May. This dropped ...

Advisers pivot to protect retirees from inflation

CASSANDRA BALDINI  |  WEDNESDAY, 7 JUN 2023
Inflation is a looming threat to retirement incomes, so it's no surprise financial advisers are rotating toward more dynamic strategies. According to a report penned by Challenger and Ensombl, inflation is fast becoming the number one threat to ...

Allianz Retire+ strengthens distribution team

ANDREW MCKEAN  |  MONDAY, 29 MAY 2023
Allianz Retire+ bolstered its wealth management operations, with two state managers joining the distribution team in recent times. Stephen Armstrong joined this month in the newly created role of state manager for Western Australia (WA) and South Australia ...

Challenger real estate arm price tag drops

KARREN VERGARA  |  MONDAY, 29 MAY 2023
The sale price of Challenger's real estate funds management business to Elanor Investors Group has dropped to $37.7 million after an institutional client announced it will not be part of the transaction. The purchase price of Australian real estate ...

ClearView appoints chief executive

CASSANDRA BALDINI  |  MONDAY, 1 MAY 2023
The financial services group has appointed Nadine Gooderick to the role, with current managing director Simon Swanson set to retire after a 12-year tenure. Swanson will step down at the end of June, at which time Gooderick, currently the firm's ...

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
The investment manager will sell its Australian 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 ...

Challenger launches $250m unsecured note offer

ANDREW MCKEAN  |  TUESDAY, 7 MAR 2023
Challenger Limited has launched a $250 million offer of Challenger Capital Notes 4, a new type of unsecured note, to boost capital. The offer, which includes both a New Money Offer and a Reinvestment Offer, will be used to fund a subscription for Additional ...