Wealth and Asset Management
Franklin flows offset by $142bn of WAM redemptions in 2025
Franklin Templeton suffered $97.4bn of net outflows for its fiscal year 2025, ending September 30, as the fallout from the Ken Leech scandal continued to hurt the asset manager. The California-based firm said had it not been for investors pulling $141.9bn from bond subsidiary Western Asset Management (WAM), it had…
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