Stock Pulse
Franklin Resources (BEN) reported a decrease in assets under management (AUM) to $1.53 trillion in March 2025 due to negative market conditions and net outflows [4], [5]. The company is terminating four mutual funds in Canada, potentially streamlining operations and shifting investment focus [2]. While its stock price saw an 11.5% increase on April 11th, this contrasted with a declining trend and a Strong Sell rating, suggesting underlying weakness [1]. The company's Q2 earnings release is scheduled for May 2nd, 2025 [6]. An SEC filing also reveals FRI increased its stake in Clarion Partners Real Estate Income Fund [8].
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Last updated: 4/16/2025, 12:10:33 PM