Generation Development Group's Alliance Could Generate Consistent Growth -- Market Talk

Dow Jones
05/09

2312 GMT [Dow Jones]--Generation Development Group's agreement with BlackRock to co-design and distribute a new product aimed at providing tailored solutions for Australian retirees gets a tick from Jefferies. It views the alliance as an incremental step that could lead to consistent growth for GDG over many years. "At this early stage, product development will be the priority, followed by adviser education," analyst Simon Fitzgerald says. "These elements are essential to building a successful product, even if the time frame to meaningful earnings growth is difficult to judge." Jefferies highlights the example of GDG's Lifetime annuity. It launched in 2022 and is yet to reach scale. (david.winning@wsj.com)

 

(END) Dow Jones Newswires

May 08, 2025 19:14 ET (23:14 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10