Franklin Resources, Inc. is a publicly owned asset management holding company. Through its subsidiaries, the firm provides its services to individuals, institutions, pension plans, trusts, and partnerships. It launches equity, fixed income, balanced, and multi-asset mutual funds through its subsidiaries. The firm invests in the public equity, fixed income, and alternative markets. Franklin Resources, Inc. was founded in 1947 and is based in San Mateo, California with an additional office in Hyderabad, India.
Franklin Resources faces AUM decline and legal scrutiny amidst shifting market dynamics. Key developments and their implications for investors are analyzed.
A comprehensive update on Franklin Resources' Q1 earnings, dividend increase, AUM decline and legal challenges impacting BEN.