Funds management

Fixed income

Challenger Investment Partners is an experienced fixed income manager with a strong track record. We manage a diverse fixed income portfolio, with funds under management of approximately A$11.1 billion*, on behalf of Challenger Life and fiduciary clients.

The portfolio is invested across multiple fixed income market segments and managed by specialist teams with deep sector experience. The Challenger Investment Partners Fixed Income team is driven by a relative value philosophy and seeks to identify value across products irrespective of market movements, with an emphasis on effective risk management.

Challenger Investment Partners' key fixed income sector experience includes:

Cash and liquid products

Providing superior returns from short-term money markets. Utilising a range of fixed income strategies, Challenger Investment Partners has considerable experience providing optimal liquidity across the complete spectrum of money market instruments.

Corporate credit

Creating value through in-depth research, credit analysis and local experience, Challenger Investment Partners' corporate credit team has an enviable track record of outperformance in domestic and international credit markets.

Asset backed lending

As one of the largest non-bank issuers of RMBS from 2004-2007, Challenger has a long history of participation in Australian ABS markets. Today, Challenger Investment Partners ranks as one of the largest institutional investors in the sector, with their unique perspective on the market enabling them to access opportunities that their institutional peers do not see.

Leveraged finance

With a long-term track record, Challenger Investment Partners is the leading institutional investor in the Australian leveraged finance market. Challenger Investment Partners' rigorous credit risk assessment process has provided superior risk-adjusted returns on behalf of both Challenger Life and fiduciary clients.

Real estate debt

Combining the expertise and skills of both the Fixed Income and Real Estate teams enables Challenger Investment Partners to effectively deploy both Challenger Life and fiduciary investors' capital into the real estate debt markets. A focus on the real estate underwriting coupled with our debt structuring skills enables Challenger Investment Partners to extract superior risk-adjusted returns whilst remaining focussed in the core real estate sectors of retail, office and industrial.

Infrastructure debt

Challenger Investment Partners is a leading global investor across the broad infrastructure asset class, with a proven infrastructure debt track record. Challenger Investment Partners has successfully sourced and executed numerous domestic and international infrastructure investments for Challenger Life and fiduciary clients, from vanilla senior bonds through to complex subordinated loans.

Diversification by asset class

Represents assets managed by Challenger Investment Partners as at 31 March 2017. 

Key attributes:

  • Established team with a long track record
  • Strong investment processes and detailed risk management requirements, and
  • Co-investment model creates a strong alignment of interests and scale reinforces competitive advantage and superior deal economics shared by partner investors.
* As at 31 March 2017