Franklin Resources reports March-end AUM of $1.42T

Franklin Resources reported preliminary month-end assets under management of $1,422.1 billion at March 31, 2023, compared to $1,416.5 billion at February 28, 2023. This month’s increase in AUM reflected the impact of positive markets, partially offset by long-term net outflows. For the quarter ended March 31, 2023, AUM reflected the positive impact of markets, partially offset by long-term net outflows of $3.7 billion.