Franklin Resources on Thursday reported assets under management of $844.7 billion as of Sept. 30, up 3.6% from the end of the previous quarter and up 12.6% from a year earlier.
The gain in assets came despite net outflows of $2.7 billion in the quarter ended Sept. 30. In the quarter ended June 30, Franklin reported net inflows of $8.4 billion. The company had net inflows of $2.9 billion in the quarter ended Sept. 30, 2012.