Franklin Templeton announces third quarter results
Net income declined to $171.5 million while AUM reached a record $1.8 trillion.
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Global investment management firm
franklinresources.comLast updated
In short: Franklin Templeton achieved record AUM of $1.8 trillion and secured a $1.5 billion credit line while expanding its digital asset footprint.
Net income declined to $171.5 million while AUM reached a record $1.8 trillion.
CEO Jenny Johnson and other executives will host a live teleconference at 10 a.m. Eastern Time.
The firm launched Franklin Crypto and aims to provide institutional-grade digital asset solutions.
The fund invests in investment grade CLO debt across U.S. and European markets, seeking capital preservation and current income.
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