Sep. 8 at 6:13 PM
$BEN's AUM rises despite net outflows — are markets boosting Franklin's prospects? 📈
Franklin's assets under management hit
$1.64 trillion, up 1.7% in August, driven by market gains despite
$3B in long-term net outflows. Modest gains in equity, multi-asset, alternative, and cash management segments highlight progress.
Full breakdown here 👉 https://www.zacks.com/stock/news/2748082/franklins-august-aum-rises-on-market-gains-despite-outflows?cid=sm-stocktwits-2-2748082-body-11428&ADID=SYND_STOCKTWITS_TWEET_2_2748082_BODY_11428