SAN MATEO, Calif. (AFX) - Mutual-fund manager Franklin Resources Inc. reported Monday it ended August with 13 percent more assets under management than at the same month a year ago.
The company said it had $505.6 billion in assets under management at the end of August this year, up from $494.4 the previous month and $444.7 billion in August 2005.
Shares of Franklin Resources Inc. rose $1.24 Monday to close at $100.50 on the New York Stock Exchange
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