Franklin Resources September Assets Under Management Decline

MT Newswires Live10-10

Franklin Resources (BEN) reported Wednesday preliminary month-end assets under management of $1.679 trillion as of Sept. 30, down from $1.682 trillion a month earlier.

The company said long-term net outflows of $22.4 billion were in part offset by positive markets.

For the quarter ended Sept. 30, the company said net outflows totaled $31.3 billion.

Price: 19.60, Change: -0.01, Percent Change: -0.03

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment