The June numbers are in for Franklin Resources
], and they're not so hot when compared to those last reported.
The San Mateo, California-based firm announced its preliminary month-end AUM, revealing assets of $815.0 billion at June 30, 2013, compared to $846.5 billion at May 31, 2013.
Why the big dip? Well, there were little dips all over, most notably in total equity, hybrid, and total fixed-income.
Despite the decline, Franklin Templeton is still a fair leap ahead from where it was this time last year, when the firm revealed a preliminary month-end AUM of $707.1 billion.
See the full press release — which contains charts and graphs — here
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