Franklin's March AUM Balance Declines Sequentially on Net Outflows

Group 1 - Franklin Resources, Inc. (BEN) reported preliminary assets under management (AUM) of $1.53 trillion as of March 31, 2025, reflecting a 2.4$4 billion [1] - The breakdown of BEN's AUM shows equity assets at $597.6 billion, down 4.4$445.4 billion, declining 1.7%, and alternative AUM slightly increasing to $250.9 billion [2] - Multi-asset AUM was reported at$177.2 billion, a nearly 1% decrease, while cash management balance fell 6% to $62.5 billion [2] Group 2 - March was a challenging month for BEN due to negative market conditions and long-term net outflows; however, the increase in alternative AUM and efforts for inorganic growth provided some support to its financials [3] - Over the past six months, BEN shares have decreased by 5.3%, compared to a 10.8% decline in the industry [3]