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Galaxy Asset Management's Preliminary Assets Under Management Rise Over 26% in November
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Galaxy Asset Management's Preliminary Assets Under Management Rise Over 26% in November
Dec 18, 2024 2:43 PM

05:26 PM EST, 12/18/2024 (MT Newswires) -- Galaxy Digital ( BRPHF ) after trade Wednesday said its Galaxy Asset Management unit had preliminary assets under management (AUM) of $6.1 billion as of Nov. 30.

Funds, which consist of AUM held in Galaxy Asset Management's active, passive, and venture funds, accounted for $5.58 billion, according to the statement.

The 26.3% increase from the previous month, which stood at $4.82 billion, was mainly due to market appreciation, the company said.

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