Franklin Templeton September AUM slips to USD 1.79 trillion
BEN•Franklin Templeton reported preliminary assets under management of USD 1.79 trillion at Sept. 30, down from USD 1.83 trillion at Aug. 31. The monthly decline reflected market losses, partly offset by USD 6 billion in long-term net inflows.
1. September assets
Franklin Templeton’s preliminary AUM was USD 1.79 trillion at Sept. 30, compared with USD 1.83 trillion at Aug. 31. The monthly decline reflected market losses, partly offset by USD 6 billion of long-term net inflows.
2. Quarterly flows
For the quarter ended Sept. 30, long-term net inflows totaled USD 21 billion, and preliminary average AUM was USD 1.8 trillion. Long-term AUM ended September at USD 1.72 trillion, while cash management AUM was USD 75.4 billion.
