Publicly traded but family managed, Franklin Resources BEN is parent to Franklin Templeton Investments. The firm closed its acquisition of Legg Mason for USD 4.5 billion on July 31, 2020, creating a USD 1.5 trillion asset manager (assets under management as of Feb. 28, 2021). Given some uncertainty surrounding the integration of the seven Legg Mason investment boutiques Franklin acquired, Franklin's Parent rating remains Average.
Franklin Templeton
Franklin Templeton Investments
Market
US Open-end ex MM ex FoF ex FeederTotal Net Assets
408.19 BilInvestment Flows (TTM)
−48.71 BilAsset Growth Rate (TTM)
−9.79%# of Share Classes
821
Morningstar Rating
|
# of Share Classes
|
|---|---|
| 45 | |
| 129 | |
| 286 | |
| 239 | |
| 107 | |
| Not Rated | 15 |
0%
25
50
Name
|
Morningstar Rating Overall
|
5-Year Category Rank
|
|---|---|---|
| BrandywineGLOBAL High Yield A | 2 | |
| ClearBridge Sustainability Leaders A | 2 | |
| ClearBridge Select A | 5 | |
| BrandywineGLOBAL Flexible Bond A | 9 | |
| BrandywineGLOBAL Corporate Credit A | 10 |
Morningstar Mentions
Where Is Franklin Templeton Headed?
CEO Jenny Johnson on the firm’s pickup of Legg Mason and the future of active management.
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