MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Wednesday, July 10, 2013 Franklin Templeton Gets the Summertime AUM Blues The June numbers are in for Franklin Resources [profile], 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. Printed from: MFWire.com/story.asp?s=44829 Copyright 2013, InvestmentWires, Inc. All Rights Reserved |