Franklin Resources reported Monday assets under management of $815 billion as of June 30, down 1% from the previous quarter, but up 15% from a year earlier.
For the latest quarter, the company reported net inflows of $8.4 billion but also suffered $16.3 billion in market depreciation, Franklin said in an earnings release. It had net inflows of $18.3 billion last quarter and $4.8 billion the year-before quarter.
Franklin Resources' taxable global and international fixed-income offerings saw net inflows of $10.2 billion for the quarter. Fixed income overall saw net inflows of $8.1 billion while equity had $700 million in net outflows; cash strategies saw $1 billion in net inflows.
