Franklin's December AUM Balance Rises Sequentially on Net Inflows

Core Insights - Franklin Resources, Inc. (BEN) reported preliminary assets under management (AUM) of $1.68 trillion as of December 31, 2025, reflecting a slight increase from the previous month [1][6] - The growth in AUM was driven by long-term net inflows of $28 billion, which included $26 billion in reinvested distributions, partially offset by $1 billion in net outflows at Western Asset Management [1][6] AUM Breakdown by Asset Class - Equity assets amounted to $696.7 billion, showing a marginal increase from the prior month [2] - Fixed income AUM reached $437 billion, also reflecting a slight increase from the previous month [2] - Alternative AUM rose nearly 1% to $272 billion [2] - Multi-asset AUM was reported at $200 billion, up 1.2% from November 2025 [2] - Cash management balance increased slightly to $76.5 billion [2] Company Performance and Market Position - December showed improvement for BEN, with total AUM growth supported by long-term net inflows, despite outflows at Western Asset Management [3] - The firm’s strategic initiatives and partnerships are expected to support long-term growth, even with near-term flow fluctuations [3] - Over the past six months, BEN shares gained 2.5%, contrasting with a 6.4% decline in the industry [4]