Business
Source: Bloomberg Markets
Channel Capital and Fidante Unit to Merge, Forming Major Australian Fund Manager
Channel Capital is set to merge with Challenger Ltd.’s Fidante unit, forming a new Australian fund manager. The combined entity will oversee a wide array of investment strategies and manage approximately A$150 billion ($105 billion) in assets.
By Fainaron·Jun 18, 2026 (8 minutes ago)·1 views
Channel Capital and Challenger Ltd.’s Fidante unit will merge, according to recent reports. This strategic consolidation aims to establish a significant Australian fund manager.
The newly formed entity is expected to manage approximately A$150 billion, equivalent to about $105 billion, in assets. It will offer a broad spectrum of investment strategies to clients.
According to Bloomberg Markets, the merger's objective is to expand services for fund managers within Australia.
Source attribution: This article was AI-curated and rewritten by Fainaron from a piece originally published by Bloomberg Markets. Read the original at Bloomberg Markets →
