Strategic Acquisitions & Solid AUM Aid Franklin Amid High Costs
Franklin Resources(BEN) ZACKS·2024-12-27 19:16
Franklin Resources, Inc. (BEN) is well-positioned for growth on the back of acquisitions, solid assets under management (AUM) growth and an organic growth strategy. However, a rising expense base and concentrated revenues from investment management fees are major woes.Tailwinds for FranklinAcquisitions & Partnerships: Franklin has grown through acquisitions and partnerships in the past few years, enhancing its foothold. In July 2024, Franklin teamed up with Japan's SBI Holdings to focus on ETFs and emerging ...