Concerns over the future of Challenger’s relationship with Wall Street asset manager Apollo are behind a sharemarket rout that wiped more than $530 million from the Australian financial services company’s value, analysts say.
Anna Milne, a senior investment analyst at Wilson Asset Management, which is a Challenger shareholder, called the sharemarket reaction “unfair”. “As one of our most important long-term strategic partners globally, we look forward to continuing to collaborate on asset management and product design,” he said on Thursday.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer: