05:06 PM EDT, 04/03/2025 (MT Newswires) -- Franklin Resources ( BEN ) late Thursday reported preliminary assets under management of $1.534 trillion as of March 31, down from $1.573 trillion at the end of February.

The company said the decline reflects the impact of negative markets and long-term net outflows of $4 billion, inclusive of $7 billion net outflows at Western Asset Management.