Assets Under Management

 

Navigator Global Investments aims to achieve year-on-year growth in assets under management (‘AUM’).  AUM as at 30 September 2017 is USD 9.97 billion, a 4.2% increase for the quarter.

AUM Bar Chart Sept 2017

AUM growth has been driven by a combination of net inflows received from new and existing clients, as well as positive investment performance across the Lighthouse products.

3 months to 30 September 2017

  30 June 2017
AUM
Net flows Performance 30 September 2017
AUM (Estimate)
    Note 1 Note 2 & 3 Note 3
Commingled Funds USD 4.44 bn ↑ USD 0.15 bn ↑ USD 0.08 bn USD 4.67 bn
Customised Solutions USD 5.03 bn ↑ USD 0.18 bn ↑ USD 0.09 bn USD 5.30 bn
Total AUM USD 9.47 bn ↑ USD 0.33 bn ↑ USD 0.17 bn USD 9.97 bn

1. Net flows includes monies received by Lighthouse for applications effective 1 October 2017, and accordingly excludes monies received by Lighthouse which were effective 1 July 2016.  This convention in relation to the reporting of net flows and AUM has been consistently applied by the Navigator Group since January 2008.

2. Performance includes investment performance, market movements, the impacts of foreign exchange on non-US denominated AUM and distributions (if any).

3. 31 September 2017 AUM is estimated and is based on performance estimates which may be subject to revision near the 20th business day of the month and upon final audit.  AUM excludes a non-discretionary long-only managed account structured for a single investor.  AUM may include transfers from other Lighthouse Funds that occurred on the first day of the following month.

AUM Profile

As at 30 September 2017, our US$9.97 billion of AUM is comprised as follows: