I think it's a case that if global yields are rising, the expected rate of return for annuities will be higher (i.e. for new business primarily there is more competition for Challenger annuities compared to other asset classes). From a P&L perspective, as long as they are well matched (i.e. asset / liabilities are managed well through their ALM Processes) should be ok. It's more for NB growth.
Saying that, CGF has really good management - I know some of them personally and think this is a great medium term hold. Anything under $10 is a steal.
Why has the share dropped., page-31
-
- There are more pages in this discussion • 90 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CGF (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$6.73 |
Change
0.100(1.51%) |
Mkt cap ! $4.651B | |||
| Open | High | Low | Value | Volume |
| $6.69 | $6.83 | $6.64 | $5.426M | 803.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4064 | $6.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.78 | 100 | 1 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| CGF (ASX) Chart |