Challenger first quarter performance
Market Announcement
Challenger Limited (ASX: CGF) today reported first quarter results, with total assets under management (AUM) increasing by 3% ($3 billion) to $84 billion, driven by strong net flows across the business and positive investment markets.
Managing Director and Chief Executive Officer Richard Howes said that these results reflect the progress Challenger has made in diversifying its product offering across both its Life and Funds Management businesses.