Jan. 7 at 7:23 PM
$BEN's AUM inches up in December β what's driving the growth? π
Franklin reported AUM of
$1.68 trillion, with long-term net inflows of
$28 billion, including reinvested distributions of
$26 billion, and modest gains across equity, fixed income, and alternatives. Despite outflows at Western Asset Management, strategic initiatives keep BEN on a growth path.
Discover the full details here π https://www.zacks.com/stock/news/2813662/franklins-december-aum-balance-rises-sequentially-on-net-inflows?cid=sm-stocktwits-2-2813662-body-27895&ADID=SYND_STOCKTWITS_TWEET_2_2813662_BODY_27895