Shane Fitzgerald says the Challenger business is perfectly positioned to benefit from a number of powerful themes. Having spent a lot of time analysing the company he explains why he thinks the market continues to underestimate the quality of this business. “What we like about Challenger is the exposure it provides us to the ageing population and to retirement savings. When you look across the financial services landscape the fastest growing segment of the market is retirement savings.” In this short video Shane talks to some of the issues that polarise investors when it comes to valueing Challenger and why it has been a long term posiiton in the Monash portfolio.
