Franklin Resources reports March AUM $1.64T

The company states: “Franklin Resources reported preliminary month-end assets under management of $1.64 trillion at March 31, 2024, compared to $1.62 trillion at February 29, 2024. This month’s increase in AUM reflected the impact of positive markets and long-term net inflows inclusive of $8.1 billion related to Great-West Lifeco. For the quarter ended March 31, 2024, AUM reflected the positive impact of markets and long-term net inflows of $6.9 billion inclusive of $13.6 billion related to Great-West Lifeco, partially offset by a fixed income institutional client redemption of $2.0 billion.”