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Franklin Resources, Inc. (NYSE:BEN) Q1 2025 Earnings Call Transcript

The article provides a transcript of Franklin Resources Inc.'s (NYSE: BEN) Q1 2025 earnings call. During the call, CEO Jenny Johnson and CFO Matthew Nicholls discussed the company's financial performance for the first quarter ending December 31, 2024. Key points included a slight increase in assets under management (AUM) to $1.62 trillion, driven by market appreciation despite net outflows. Revenue saw a modest rise, but operating income decreased due to higher operating expenses. The company highlighted strategic initiatives aimed at enhancing investment performance, expanding alternative investments, and improving client engagement through technology. They also touched on the impact of market conditions, regulatory changes, and their ongoing efforts to manage costs effectively. The call concluded with a Q&A session where analysts asked about future growth strategies, fee pressures, and the company's outlook for the remainder of the fiscal year.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/savingandinvesting/franklin-resources-inc-nyse-ben-q1-2025-earnings-call-transcript/ar-AA1yesSG ]