Franklin Resources’ AUM Grows 5.9% in November Thanks to Positive Markets

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Franklin Resources ($NYSE:BEN), Inc., also known as Franklin Templeton, is a global asset manager providing investment management services to institutional and retail investors. This is a great sign for the company, as AUM is an important indicator of the success of any asset manager. This allowed the company to take advantage of the strong market conditions and saw their AUM grow by 5.9%. The AUM growth for Franklin Resources in November was a welcomed sign for shareholders, as it suggests that the company is well-positioned to capitalize on positive market conditions.

Analysis

GoodWhale has conducted an analysis of FRANKLIN RESOURCES‘s fundamentals and have come to the conclusion that it is in excellent health, scoring 8/10. The Star Chart shows that FRANKLIN RESOURCES has strong cashflows and debt, allowing the company to ride out any crisis without the risk of bankruptcy. Furthermore, we have classified FRANKLIN RESOURCES as a ‘rhino’, a type of company that has achieved moderate revenue or earnings growth. As such, investors who are looking for steady growth in their investments may find FRANKLIN RESOURCES an attractive investment. Additionally, the company is strong in dividend, medium in profitability and weak in asset, growth, making it a balanced option for a diverse portfolio. More…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Franklin Resources. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Franklin Resources. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Franklin Resources. More…

Key Ratios Snapshot

Some of the financial key ratios for Franklin Resources are shown below. More…

Peers

Franklin Resources Inc is one of the world’s largest asset managers with over $1.5 trillion in assets under management. The company offers a wide range of products and services to its clients including mutual funds, institutional investing, and retirement services. Franklin Resources Inc competes with other large asset managers such as BlackRock Inc, Federated Hermes Inc, and WisdomTree Investments Inc.

– BlackRock Inc ($NYSE:BLK)

BlackRock Inc. is an American multinational investment management corporation based in New York City. Founded in 1988, initially as a risk management and fixed income institutional asset manager, BlackRock expanded into other asset classes, becoming the world’s largest asset manager with $6.84 trillion in assets under management as of October 2020. BlackRock operates globally with 70 offices in 30 countries and clients in 100 countries.

– Federated Hermes Inc ($NYSE:FHI)

Federated Hermes Inc is a publicly traded company with a market capitalization of $2.75 billion as of 2022. The company’s return on equity, a measure of profitability, was 22.41% for the same year. Federated Hermes Inc is a provider of investment management services with a focus on asset allocation, security selection, and portfolio construction. The company offers a range of services for individuals, institutions, and intermediaries, including investment management, trust and custody, and capital markets services.

– WisdomTree Investments Inc ($NASDAQ:WETF)

WisdomTree Investments Inc is a publicly traded investment management company that specializes in exchange-traded funds. The company has a market capitalization of $721.2 million and a return on equity of 4.76%. WisdomTree was founded in 1985 and is headquartered in New York, New York. The company offers a variety of ETFs, including those focused on asset classes, regions, and strategies.

Summary

This increase was mainly attributed to the growing market confidence as a result of positive market conditions. Franklin Resources has a wide range of funds and services covering areas such as mutual funds, ETFs, fixed income and equities, as well as alternative investments and retirement plans. The company has a strong focus on delivering value to clients through its highly experienced team of investment professionals and extensive research capabilities. Franklin Resources has consistently delivered strong performance across its investment portfolios and is well-positioned to continue to create value for its clients in the coming months and years.