BEN

We initiated a position in Franklin Resources less than a year ago. Our investment thesis assumed that the company’s disappointing share price performance reflected a number of factors, including the continued under performance of value-oriented investment strategies, the generally poor recent performance of some of the company’s funds against peers, the ongoing flow of funds … Read more

Franklin Resources provides global and domestic investment management to retail, institutional and sovereign wealth clients in over 180 countries. The company offers its investment services under several brands including Franklin, Templeton, Mutual Series, Bissett, Fiduciary Trust, Darby, Balanced Equity Management and K2. As of June 2018, Franklin had $724 billion in assets under management (AUM) … Read more