Challenger Limited
(ASX:CGF) has confirmed it now has $31.4 billion in assets and funds under management as at March 31, 2012.
Challenger CEO says with retail life sales of $364 million for the quarter, it remains on track for 30 per cent sales growth.
The financial services company’s first half net profit had dropped 83 per cent which it attributed to global market volatility.
In the first half of the 2012 financial year Challenger reported a net profit of $29.1 million.