Navigator Global Investments (ASX:NGI) said that its total firm-level assets under management rose 3% in the fiscal first quarter ended Sept. 30 to $87 billion, according to a Thursday Australian bourse filing.
The company cited continued growth across its portfolio of strategic partner firms as a reason for the performance.
Ownership-adjusted assets under management were up 4.5% to $29 billion.
Lighthouse Partners' hedge fund assets under management were up 8.1% to $5 billion, while NGI strategic partner firms' assets under management were up 1.7% to $12 billion.
The company's shares rose past 2% in recent Thursday trade.