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Is Franklin U.S. Equity Index ETF (USPX) a Strong ETF Right Now?
ZACKS· 2025-07-11 11:20
A smart beta exchange traded fund, the Franklin U.S. Equity Index ETF (USPX) debuted on 06/01/2016, and offers broad exposure to the Style Box - All Cap Blend category of the market.What Are Smart Beta ETFs?The ETF industry has traditionally been dominated by products based on market capitalization weighted indexes that are designed to represent the market or a particular segment of the market.A good option for investors who believe in market efficiency, market cap weighted indexes offer a low-cost, conveni ...
Mercurity Fintech Partners with Franklin Templeton to Advance Real-World Asset Tokenization with BENJI Tokens and FOBXX Fund
Globenewswire· 2025-06-17 13:00
New York, NY, June 17, 2025 (GLOBE NEWSWIRE) -- Mercurity Fintech Holding Inc. (the “Company,” “we,” “us,” “our company,” or “MFH”) (NASDAQ: MFH), a digital fintech group, today announced a strategic partnership with Franklin Templeton, a global investment management organization managing over $1.53 trillion in assets as of April 30, 2025. This collaboration will integrate Franklin Templeton’s BENJI token and the Franklin OnChain U.S. Government Money Fund (FOBXX) into Mercurity’s expanding platform for tok ...
QGEN Stock Might Gain Following New Partnership With ID Solutions
ZACKS· 2025-05-23 13:45
QIAGEN N.V. (QGEN) recently entered into a commercial partnership and co-marketing agreement with ID Solutions, a French provider of high-quality digital PCR (dPCR) assays, to expand the availability of dPCR assays for oncology research applications. The latest partnership is likely to expand QIAGEN’s position in oncology-focused digital PCR assays, advancing QIAcuity as the platform of choice for cancer research.QGEN Stock’s Likely Trend Following the NewsFollowing the announcement, shares of QIAGEN remain ...
Franklin Resources(BEN) - 2025 Q2 - Earnings Call Transcript
2025-05-02 16:02
Franklin Resources (BEN) Q2 2025 Earnings Call May 02, 2025 11:00 AM ET Company Participants Selene Oh - IRJennifer Johnson - President and CEOBenjamin Budish - DirectorMatthew Nicholls - Executive VP, CFO & COOAdam Spector - Executive VP & Head of Global DistributionBrian Bedell - DirectorPatrick Davitt - Partner Conference Call Participants Craig Siegenthaler - AnalystAlexander Blostein - AnalystDan Fannon - Managing Director - Research AnalystMichael Cyprys - AnalystWilliam Katz - Senior Equity AnalystGl ...
Franklin Resources(BEN) - 2025 Q2 - Earnings Call Transcript
2025-05-02 15:00
Financial Data and Key Metrics Changes - Assets under management (AUM) decreased to $1,540 billion, primarily due to long-term net outflows at Western Asset and negative market impacts [18][19] - Adjusted operating income was $377.2 million, a decrease of 8.6% from the prior quarter, mainly due to compensation expenses and the impact of Western [27][28] Business Line Data and Key Metrics Changes - Long-term inflows increased by 9% quarter over quarter, with gross sales rising across all asset classes [19] - Multi-asset and alternatives generated a combined $9.7 billion in positive net flows, while equity long-term inflows were $38.9 billion, despite net outflows of $5.4 billion in growth strategies [20][21] - Fixed income net outflows were $30.5 billion, but excluding Western, there were net inflows of $2.8 billion [20][21] Market Data and Key Metrics Changes - The institutional unfunded pipeline increased by $2.3 billion to $20.4 billion, the highest level since 2022 [5] - International markets accounted for approximately $470 billion, or about 30% of AUM, with positive net flows in the EMEA and Americas regions [7][26] Company Strategy and Development Direction - The company aims to leverage market volatility to enhance client asset growth through diversified investment solutions [4][17] - Focus on expanding alternative assets and wealth management channels, projecting $800 billion to be allocated to democratize alternatives industry-wide over the next five years [22][64] - Continued integration of Western Asset to create efficiencies while maintaining investment team autonomy [28] Management's Comments on Operating Environment and Future Outlook - Management remains cautiously constructive on global equity markets, citing concerns over US growth and tariff impacts [10][11] - The company anticipates that a recession in the US is not a foregone conclusion, with the economy being better insulated compared to export-dependent countries [11][12] - Positive sentiment around the potential for growth in private markets and alternatives, with a strong focus on educating financial advisers [63][64] Other Important Information - The company launched its first perpetual secondary private equity fund, raising an initial $2 billion [23] - The ETF business saw its fourteenth consecutive quarter of positive net flows, attracting $4.1 billion during the quarter [24][25] Q&A Session Summary Question: Guidance on fiscal year expenses given market movements - Management expects effective fee rates to remain around 38 basis points, with expenses projected to be flat compared to 2024 [36][39] Question: Estimate for base fee organic growth rate including Western - Management noted that long-term net flows excluding Western were about $7.4 billion, with positive flows in fixed income and alternatives [45][46] Question: Update on fixed income strategies and Western's health - Western experienced $10 billion in outflows but also had $5 billion in gross sales, indicating ongoing institutional interest [78][79] Question: Contribution of international business to revenues and flows - The company reported positive momentum in gross sales across all regions, with AUM outside the US at approximately $470 billion [92]
Franklin Resources(BEN) - 2025 Q2 - Earnings Call Presentation
2025-05-02 12:31
Franklin Resources, Inc. Second Quarter 2025 Results May 2, 2025 | Investor Presentation Jenny Johnson President Chief Executive Officer Matthew Nicholls Executive Vice President Chief Financial Officer Chief Operating Officer Adam Spector Executive Vice President Head of Global Distribution Forward-looking statements and non-GAAP financial information This commentary contains forward-looking statements that involve a number of known and unknown risks, uncertainties and other important factors. This comment ...