Franklin Resources (BEN) reported preliminary month-end assets under management of $1.69 T at October 31, 2025, compared to $1.66T at September 30, 2025. This month’s preliminary AUM reflected the impact of positive markets and the acquisition of Apera Asset Management, partially offset by preliminary long-term net outflows of $2B, inclusive of $4B of long-term net outflows at Western Asset Management. Excluding Western Asset Management, preliminary long-term net inflows were $2B.
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