Australia's Navigator Global gains on higher AUM

Navigator Global Investments

13/07/2022 02:36

** Shares of Navigator Global  NGI.AX  gain as much as 6.4%
to A$1.395, their highest since June 10 
    **  The hedge fund portfolio manager reports group total AUM
of $22.9 bln as at June 30 vs $22.1 bln reported as at March 31
 urn:newsml:reuters.com:*:nASM000J2G
    ** Says its strategic managers segment and Longreach
Alternatives Ltd contributed to the rise in AUM 
    ** Shares set for their best day since June 24, if gains
hold 
    ** Stock has fallen 28.6% this year, as of last close

 (Reporting by Archishma Iyer in Bengaluru)
 ((Archishma.Iyer@thomsonreuters.com;))