Welcome to our dedicated page for Franklin Resources news (Ticker: BEN), a resource for investors and traders seeking the latest updates and insights on Franklin Resources stock.
Franklin Resources, Inc. (NYSE: BEN), whose subsidiaries operate as Franklin Templeton, generates a steady flow of news across public and private markets, making its BEN news feed relevant for investors, advisors, and market observers. As a global investment management organization serving clients in over 150 countries, Franklin Templeton issues updates on assets under management, product launches, private markets insights, and strategic initiatives across its specialist investment managers.
News for BEN commonly includes monthly and quarterly reports on preliminary assets under management, detailing allocations across equity, fixed income, alternatives, multi-asset strategies, and cash management. The company also announces earnings release dates, teleconferences with senior executives, and commentary on financial results, providing context on business performance and flows across its platforms.
Franklin Templeton’s communications highlight developments in areas such as digital assets and tokenized finance, including tokenized money market funds, blockchain-enabled distribution share classes, and partnerships like the State of Wyoming’s Frontier Stable Token ($FRNT) reserves mandate. Updates from affiliates such as Western Asset Management, Benefit Street Partners, and Lexington Partners cover topics like institutional money market fund enhancements, private credit and real estate debt fundraising, and secondary private equity activity.
Investors following BEN news can also track corporate actions and governance items disclosed through press releases and related filings, such as dividend announcements, share repurchase authorizations, and information about the company’s multi-year strategic plan. For those monitoring trends in private markets, digital asset innovation, and global asset management, the BEN news stream offers a consolidated view of Franklin Resources’ latest announcements and perspectives.
Fiduciary Trust International, a subsidiary of Franklin Templeton, has appointed Abby Axelrod as the philanthropic director for family office services, foundations, and endowments. With extensive experience in nonprofit and family foundation sectors, Axelrod aims to enhance the firm's nationwide philanthropic strategy and support. She previously held key roles in charitable giving and consulting and is recognized in the nonprofit community. The firm, managing over $98 billion in assets, focuses on strategic wealth planning, investment management, and trust services.
Fiduciary Trust International, a subsidiary of Franklin Templeton, has appointed Peter Niedland, CFA, as a managing director and senior portfolio manager in its Radnor office. With over 29 years in finance, Niedland's expertise includes investing in small public companies. He previously worked at Maplewood Capital and Turner Investments. The firm, which manages over $98 billion in assets, aims to enhance its client services in the Philadelphia market by adding skilled investment experts.
Franklin Templeton released a new insights paper addressing the challenges in the food and agriculture sector due to climate change and geopolitical tensions. The report highlights that food prices have surged over 30% due to the Ukraine war and COVID-19-induced inflation, costing an additional
Templeton Global Income Fund (NYSE: GIM) has filed a complaint in the Southern District of New York against Saba Capital Management, alleging undisclosed agreements before its Annual Meeting on June 6, 2022. The complaint claims Saba secretly incentivized a large institutional shareholder's vote in favor of its nominees, violating federal securities laws requiring full disclosure to shareholders. The Fund seeks a new vote, allowing shareholders to make informed decisions based on complete information about Saba's conduct.
Franklin Resources, Inc. (NYSE: BEN) reported preliminary assets under management (AUM) of
Franklin Resources, Inc. (NYSE:BEN) announced a quarterly cash dividend of $0.29 per share, payable on July 15, 2022. This amount matches the previous quarter's dividend and marks an approximate 4% increase compared to the same quarter last year. As of April 30, 2022, the company holds approximately $1.5 trillion in assets under management and boasts over 75 years in investment experience with operations in over 155 countries.
Fiduciary Trust International, part of Franklin Templeton, has announced Julie Strong Karnavas as the new regional managing director for Pennsylvania. Karnavas, previously director of portfolio and relationship management, will also remain active as a senior portfolio manager. The Radnor office has bolstered its team, growing its services since acquiring Pennsylvania Trust Company in May 2020. The firm has seen increased client referrals and assets despite market uncertainties, emphasizing a strong commitment to client relationships.
The Templeton Emerging Markets Income Fund (NYSE: TEI) announced a monthly distribution of
Supported by a managed distribution plan, the Fund aims for an annual minimum fixed rate of 10% based on the average monthly net asset value. However, actual distributions may include returns of capital, which do not reflect performance.
Templeton Global Income Fund (NYSE: GIM) announced a monthly distribution of
Franklin Universal Trust (NYSE: FT) announced a monthly distribution of
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