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Showing 311 - 320 of 1130 results for "Challenger"

Sydney boutique wins $300m QIC mandate

KANIKA SOOD  |  TUESDAY, 1 SEP 2020
A Sydney boutique co-founded by three former Challenger investors has won a $300 million mandate from QIC to co-invest in local private debt. Revolution Asset Management will originate and manage Australia and New Zealand private debt from QIC via the ...

Challenger launches new lifetime annuity

KANIKA SOOD  |  MONDAY, 24 AUG 2020
Challenger has launched a new lifetime annuity with payments linked to the cash rate. The RBA Cash Linked option is the first lifetime annuity in Australia to be linked to the cash rate, according to the firm. Challenger also offers lifetime annuities ...

Challenger boutique managing Nikko strategy

KANIKA SOOD  |  TUESDAY, 18 AUG 2020
... plus 2% return after fees, without the use of credit or directional investments. The relationship was first noted in Challenger's annual report for FY20 released last week. It is for Nikko's Japanese insto clients, with plans to offer the product to ...

Tough year at Challenger

KANIKA SOOD  |  TUESDAY, 11 AUG 2020
Challenger this morning reported $416 million in statutory net loss for FY20, as its investments fell by $750 million during the COVID-19 pandemic. The -$416 million statutory NPAT is a stark contrast to previous years, where it reported $308 million ...

Bain Capital begins restructure reckoning

ALLY SELBY  |  WEDNESDAY, 5 AUG 2020
... with a strong balance sheet "worthy of an investment grade rating", the ASX release said. "Virgin Australia has been a challenger in the Australian market for 20 years, and as a result of this plan and the investment of Bain Capital we are going to be ...

New chief risk officer at Maple-Brown Abbott

ELIZABETH MCARTHUR  |  MONDAY, 3 AUG 2020
... role. She joins from RF Capital where she was a finance consultant. Cox spent three years as a financial controller at Challenger and worked at Commonwealth Bank, Deloitte and Barclays earlier in her career. "We are delighted to welcome Wendy to Maple-Brown ...

FSC appoints four to board

ALLY SELBY  |  MONDAY, 20 JUL 2020
... Group chief executive Brett Clark, AIA chief executive Damien Mu, Bendigo and Adelaide Bank head of wealth Paul Rohan, Challenger chief financial officer Andrew Tobin, BT general manager of platforms Kathy Vincent, and AMP Australia chief executive Alex ...

Kapstream restructures investment team

KANIKA SOOD  |  WEDNESDAY, 15 JUL 2020
... Kapstream Capital, which was set up ex PIMCO investors Kumar Palghat and Nick Maroutsos, initially started life with Challenger as a minority shareholder. It eventually sold to Janus Henderson Group in 2015. Palghat announced his retirement from the ...

Prodigy boutique finds new strategic partner

KANIKA SOOD  |  WEDNESDAY, 24 JUN 2020
Flinders Investment Partners, which escaped multi-boutique Prodigy's demise, has found a new strategic partner who is acquiring a 50% stake in the small caps equities boutique. Warakirri Asset Management is the investor, and will also provide capital ...

Challenger raising $300m, to add IG bonds

KANIKA SOOD  |  MONDAY, 22 JUN 2020
Challenger is raising up to $300 million to add to its balance sheet and will invest further in investment grade fixed income. The institutional placement of $270 million is priced at $4.89 per share for about 55.2 million new shares representing 9% ...