Franklin Resources, Inc. Announces Month-End Assets Under Management
Franklin Resources, Inc. (Franklin Templeton) (NYSE: BEN) today reported preliminary month-end assets under management (AUM) of $1.68 trillion at September 30, 2024, compared to $1.68 trillion at August 31, 2024. Long-term net outflows of $22.4 billion, inclusive of $27.9 billion of long-term net outflows at Western Asset Management,1 were partially offset by the impact of positive markets.
For the quarter ended September 30, 2024, AUM reflected the positive impact of markets, partially offset by long-term net outflows of $31.3 billion, inclusive of $37.0 billion of long-term net outflows at Western Asset Management.1
By Asset Class: |
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(In USD billions) |
Preliminary |
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30-Sep-24 |
31-Aug-24 |
30-Jun-24 |
31-Mar-24 |
30-Sep-23 |
|
Equity |
$632.1 |
$618.8 |
$595.0 |
$592.7 |
$430.4 |
Fixed Income |
556.4 |
574.5 |
564.5 |
571.4 |
483.1 |
Alternative2 |
249.9 |
251.2 |
254.5 |
255.5 |
254.9 |
Multi-Asset |
176.2 |
172.9 |
168.1 |
163.4 |
145.0 |
Long Term: |
1,614.6 |
1,617.4 |
1,582.1 |
1,583.0 |
1,313.4 |
Cash Management |
64.0 |
64.3 |
64.5 |
61.7 |
60.8 |