July 31 (Reuters) - Investment manager Franklin Resources ( BEN )

, better known as Franklin Templeton, reported a jump in

third-quarter profit on Friday, helped by strong inflows and

higher fees.

Shares of the company, which have risen 38.8% so far this

year, have outperformed the broader benchmark S&P 500 index.

Here are some details:

* Franklin Templeton's assets under management stood at

$1.79 trillion at the end of the third quarter, up 11% from a

year ago.

* The company's total investment management fees, the

largest contributor to its total operating revenue, rose 14% to

$1.87 billion during the quarter.

* Total long-term net inflows rose to $18.4 billion in the

quarter.

* Inflows boost assets under management, helping managers

earn steady fees even in weak or volatile markets.

* "We generated positive net flows across every asset class

and geography," said CEO Jenny Johnson.

* The company also announced it will change its corporate

name from Franklin Resources ( BEN ) to Franklin Templeton effective as

of August 17, 2026.

* Excluding one-time costs, the company earned $386.3

million, or 72 cents per share, compared with $263.4 million, or

49 cents per share, a year earlier.

(Reporting by Pragyan Kalita in Bengaluru; Editing by Devika

Syamnath)