Franklin Resources is a San Mateo-based holding company providing global investment management services across various asset classes, employing 10,100 people. It serves retail, institutional, and high-net-worth clients through multiple branded products and funds.
BEN has been in the news recently: Clarion Partners Real Estate Income Fund Inc. has initiated a tender offer for 5% of its net asset value, amounting to $42.6 million, which will expire on January 14, 2025. Additionally, Franklin Templeton forecasts a 2.5% US GDP growth for 2025 and an S&P 500 range of 6400–6800.
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