challenger

Funds management

‘Enough is enough’: Takeover bid made for commercial property fund

Family office Lederer Group has made an off-market takeover bid for ASX-listed Elanor Commercial Property Fund, with chair Paul Lederer taking exception at the firm’s lac...

Financial planning

MLC enters tripartite retirement partnership

MLC has partnered with TAL and Challenger on a retirement solution, the first in a series of retirement income offerings for advisers to be launched over the next 18 mont...

Funds management

Fixed income specialists see boosted flows from defensive clients

Only three active asset managers are forecast to see positive flows through to FY29, according to Morningstar, with those focused on specialist fixed income in the best p...

Funds management

Challenger confirms double board appointment

The financial services company has welcomed two independent non-executive directors to its board, while also announcing the upcoming departure of another board member....

Funds management

Challenger’s FUM falls by $5.9bn in Q3

Negative market movements, coupled with net outflows, have prompted a near $6 billion decline for Challenger’s funds management business in Q3....

Financial planning

Pre-retirees’ financial confidence takes a hit: Challenger

Australian pre-retirees are exhibiting heightened anxiety about their financial future and are seeking greater retirement certainty as a result, Challenger research has u...

Funds management

TAL takes minority stake in Challenger

Insurer TAL has announced it has taken a minority stake in investment manager Challenger....

Funds management

The 3 fund managers set to be hit by client redemptions

Morningstar research of seven active Australian asset managers has found they are expected to see client redemptions averaging 3.1 per cent of their FUM per annum through...

Funds management

Challenger appoints co-head of investment solutions

Challenger has promoted Marco Barchmann as its new co-head of investment solutions as the firm identifies funds management as one of its core strengths....

Funds management

PM Capital appoints investment sales director

PM Capital has tapped experienced executive Ben Warnes for the role as it seeks to bolster its strategic sales capabilities....

Financial planning

Aged care costs dominate older Aussies’ concerns

With six in 10 Australians aged over 50 concerned about paying for aged care, new research has underscored financial advice as a way to mitigate these worries....

Funds management

Challenger director departs after Apollo reduction

Challenger director Matthew Michelini has stepped down from the board with immediate effect in light of Apollo reducing its stake in the business....

Financial planning

Advice critical to mitigating retirees’ inflation fears

Challenger research has reaffirmed advisers’ significant role in empowering retirement confidence as cost of living and heightened inflation risk continue to bite retiree...

Financial planning

Retirees’ happiness underpinned by financial advice: Challenger

Support from advisers alongside financial education continues to be an integral driver of older Australians’ contentment in retirement, according to new data from Challen...

Funds management

Challenger sees significant profit growth following priorities shift

Challenger’s Funds Management business benefitted from strong net flows of $5.6 billion on the back of a “diverse offering and investment for growth”. ...