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Galaxy Asset Management: June 2024 Month End AUM

Newswire.ca - Mon Jul 22, 4:00PM CDT

NEW YORK, July 22, 2024 /CNW/ - Galaxy Digital Holdings Ltd. (TSX: GLXY) ("Galaxy") announced that its affiliate, Galaxy Asset Management, ("GAM"), reported preliminary assets under management of $4.6 billion as of June 30, 2024. The 27.0% decrease in preliminary AUM compared to the prior month was primarily driven by the continued successful liquidation of assets associated with an ongoing opportunistic mandate and market depreciation, partially offset by net inflows into GAM's Funds.

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