Franklin Resources Reports March AUM Decline Amid Market Headwinds. The asset management giant saw its assets under management fall to $1.68 trillion in March from $1.73 trillion in February, primarily due to market pressure. However, the company demonstrated underlying strength with $5 billion in long-term net inflows during the month. Excluding Western Asset Management's $1 billion outflow, inflows reached $6 billion. For the full quarter, long-term net inflows totaled $17 billion, or $21 billion excluding Western Asset Management outflows. The firm's average AUM for the quarter stood at $1.70 trillion as markets continued to impact overall valuations. Franklin Resources maintains its global presence serving clients across more than 150 countries through diverse investment strategies.
