Franklin's (BEN) March AUM Benefits From Upbeat Markets

Franklin Resources, Inc. (BEN) reported its preliminary month-end assets under management (AUM) of $1.64 trillion as of Mar 31, 2024. This reflected an increase of 1.4% from the prior month’s level.The improvement was driven by positive markets and long-term net inflows of $8.1 billion related to Great-West Lifeco. For the quarter ended Mar 31, 2024, AUM was boosted by the upbeat markets and long-term net inflows of $6.9 billion. This included $13.6 billion related to Great-West Lifeco, offset by a fixed-in ...