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Challenger merges Fidante with Channel Capital to form $150bn Channel Group
9:12am on Thursday 18th of June, 2026 AEST
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Financial Services
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Challenger merges Fidante with Channel Capital to form $150bn Channel Group
9:12am on Thursday 18th of June, 2026 AEST
Key Points
Fidante merges with Channel Capital to form Channel Group
Combined assets under management reach approximately $150 billion
Challenger to own 45% of new entity and receive up to $172 million
Pre-tax gain of around $100 million expected in FY27
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