Navigator Global Investments Limited (ASX:NGI) AUM Update
AUM Performance Overview
Navigator Global Investments Limited (NGI) announced the total firm-level assets under management (AUM) reached USD 79 billion, equivalent to AUD 127 billion, as at 31 December 2024. On an ownership-adjusted basis, total AUM stands at USD 27 billion or AUD 43 billion. The firm experienced a 3.8% year-on-year growth in ownership-adjusted AUM.
Quarterly Growth Highlights
During the December quarter, Lighthouse’s AUM saw a modest increase to USD 16.1 billion, reflecting a quarterly growth of 0.8%. This follows annual growth of 3.3%. The NGI Strategic Portfolio also demonstrated a robust performance with a quarterly growth rate of 4.7%.
Investment Performance Metrics
For the three-month period, key investment funds within the Lighthouse portfolio reported varying performances. Hedge Fund Solutions’ investment performance showed a quarterly return of 2.93%, while the broader market indices revealed mixed results.
CEO Statement
Stephen Darke, Chief Executive Officer of NGI, commented on the performance, stating, “Our firm continues to witness solid growth across our key AUM metrics, reflecting our commitment to strategic partnerships and investment excellence.”
Motley Fool contributor Abbie Stokes has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
This article was generated using GPT-4o mini, a Large Language Model (LLM), to generate summaries of investing news. While AI is generating the content, we know better than to blindly trust our future robot overlords, and every article is edited and fact-checked by an editor holding the appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content of everything published by The Capital Club.