Franklin Resources, Inc., also known as Franklin Templeton, reported its preliminary month-end assets under management (AUM) at $1.57 trillion for the end of May 2025. This represents an increase from $1.53 trillion at the end of April 2025. The rise in AUM was driven by a positive market impact and preliminary long-term net inflows of $1 billion, despite $3 billion of long-term net outflows at Western Asset Management. Excluding Western Asset Management, the preliminary long-term net inflows stood at $4 billion. By asset class, equity AUM increased to $630.7 billion, fixed income decreased slightly to $438.7 billion, alternative assets were relatively stable at $253.5 billion, and multi-asset AUM rose to $178.5 billion. The total long-term AUM reached $1.501 trillion, with cash management at $71.5 billion.