Franklin’s September AUM Plummeted
On Monday, Franklin Resources Inc. (NYSE:BEN) declared preliminary assets under management (AUM) of $659.9 billion by its subsidiaries for the end of September 2011. The results were down 7.9% from $716.4 billion as of August 31, 2011, but up 2.3% from $644.9 billion as of September 30, 2010. Month-end total equity assets came in at [...]
On Monday, Franklin Resources Inc. (NYSE:BEN) declared preliminary assets under management (AUM) of $659.9 billion by its subsidiaries for the end of September 2011. The results were down 7.9% from $716.4 billion as of August 31, 2011, but up 2.3% from $644.9 billion as of September 30, 2010.
Month-end total equity assets came in at $254.2 billion, down 11.4% sequentially and 7.1% year over year. Of the total equity assets, roughly 73% were from international sources, while the remaining 27% were … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards