Challenger Ltd
CGF: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| T.b | LOCK|MR | LOCK|$k$J>> |
Challenger: Life Business Holds Up, but Asset Management Weakens
Challenger's life book, comprising annuities and special institutional products, grew 1% in the third quarter of fiscal 2026, versus negative 1% in the same time last year. Meanwhile, funds under management declined 9%.
