Jun 18, 2026 – 1.23pmChallenger chief executive Nick Hamilton says the merger of its $85 billion boutique funds management unit with Channel Capital will allow it to gain exposure to the growing demand for global private assets.The $6.6 billion ASX-listed retirement products provider announced on Thursday that Fidante, which owns minority stakes in boutique fund managers, would join forces with privately owned Channel Capital.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Challenger’s $150b tie-up with Channel targets private asset growth
Challenger will merge its Fidante unit with Channel Capital, in a move that spreads its bets away from struggling active funds managers towards private managers.
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