Franklin Resources BENhas announced preliminary assets under management (AUM) by its subsidiaries of $732.5 billion for April 2018. Results display nearly 1% drop from $737.5 billion recorded as of Mar 31, 2018. Net outflows were primarily responsible for this decline but were partially offset by market appreciation.
Further, the figure fell 1.1% from the prior year.Franklin's (BEN) April AUM Falls on Consistent Net Outflows
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