Recent legal actions have not targeted the worst offenders, but are an (inefficient) step in the right direction.
The asset management firm joins the likes of American Century Investments and New York Life, which were also sued by employees for using proprietary funds in their 401(k) plans.
Vanguard, BlackRock funds see the biggest inflows, largely because they're the largest providers of passively managed funds.
Franklin Templeton's Michael Hasenstab says his bond-market peers aren't prepared for higher U.S. interest rates.
The billionaire who built Franklin Templeton survived a lawsuit by the son of an early investor who said he was cheated out of a stake in the firm worth $136 million. But the company will still have to defend itself in court.
UPDATE: Here's the safest place for your money with stocks near record highs
Robbins Arroyo LLP: Franklin Resources, Inc. (BEN) Misled Shareholders According to a Recently Filed Lawsuit
Three of the Franklin LibertyQ funds are core multi-strategy funds, seeking a combination of quality, value, momentum and low-volatility stocks.
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