Franklin Resources reported preliminary month-end assets under management of $1.46T at December 31, 2023, compared to $1.41T at November 30, 2023. This month’s increase in AUM reflected the impact of positive markets and long-term net inflows. For the quarter ended December 31, 2023, AUM reflected the positive impact of markets, partially offset by long-term net outflows of $5B, which include $10.8B of reinvested distributions.
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