Franklin's October AUM Rises 1.7% Sequentially on Market Gains

Core Insights - Franklin Resources, Inc. (BEN) reported preliminary assets under management (AUM) of $1.69 trillion as of October 31, 2025, reflecting a 1.7% increase from the previous month driven by market performance and the acquisition of Apera Asset Management, despite long-term net outflows of $2 billion [1][7]. AUM Breakdown - Equity assets reached $697.5 billion, up 1.6% from the prior month - Alternative AUM increased by 2.2% to $269.7 billion - Fixed income AUM slightly decreased to $437.1 billion - Multi-asset AUM was $196.4 billion, a 1.3% increase - Cash management balance rose significantly by 12.2% to $88.1 billion [2][7]. Market Performance and Outlook - October showed continued improvement for BEN, with total AUM growth supported by positive market movements and the Apera Asset Management acquisition, despite ongoing outflows - Gains across equity, multi-asset, alternative, and cash management segments indicate steady progress - The company's inorganic expansion is expected to enhance long-term growth prospects [3][7]. Stock Performance - Over the past year, BEN shares have increased by 7.8%, contrasting with a 10.1% decline in the industry [4].