Navigator Global Investments Posts Higher December 2024 Assets Under Management; Shares Up 8%

MT Newswires Live

2025/01/15

Navigator Global Investments (ASX:NGI) logged a 3.8% year-over-year growth in ownership-adjusted assets under management as of Dec. 31, 2024, to $27.1 billion, according to a Wednesday filing with the Australian bourse.

Assets under management of the Lighthouse segment rose 3.3% to $16.1 billion, while those under the NGI Strategic segment climbed 4.8% to $11 billion, the filing said.

Shares of the alternative investment manager climbed almost 8% in recent Wednesday trade.

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