Franklin Resources reports preliminary AUM $1.58T at December 31

Franklin Resources (BEN) reported preliminary month-end assets under management of $1.58T at December 31, 2024, compared to $1.65T at November 30, 2024. This month’s decrease in AUM reflected the impact of negative markets and long-term net outflows of $18.9B, inclusive of $38B of long-term net outflows at Western Asset Management and reinvested distributions of $17.8B. Excluding Western Asset Management, long-term net inflows were $19.1B.