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Franklin Resources, Inc.

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Franklin Resources’ shares have outperformed the Zacks categorized investment management industry year-to-date. Thouh the company’s strategic acquisitions and strong distribution platform have well positioned the company toward growth, the current quarter witnessed decline in assets under management (AUM) and recorded net outflows with significant long-term redemptions in global equities and fixed income categories. Therefore, the company’s muted growth in AUM is likely to put a pressure on investment management fees. Also, volatile markets and unfavorable global economic conditions may further affect the company’s performance.

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