F&G Annuities & Life: Expanding Product Portfolio and Market Penetration! 

F&G’s latest quarterly results showcase a robust performance with significant growth across various metrics. The company, under the leadership of CEO Christopher Blunt and CFO Wendy Young, has effectively implemented strategies that are yielding fruitful results, aligning with the targets set out during the Investor Day in October 2023. Starting with asset growth, F&G reported a substantial increase in assets under management (AUM), which stood at $61.4 billion, marking a 21% increase year-over-year. This growth was primarily fueled by strong sales in retail and Pension Risk Transfer (PRT). Particularly noteworthy is the company’s stride towards its target of 50% growth in AUM by 2028, boosted by a $250 million preferred stock investment from FNF earlier in the year.