Franklin Resources, Inc. Q4 2025 Earnings Recap

Franklin Resources reported strong momentum in its fiscal 2025 results, achieving key strategic milestones and recognition as Asset Manager of the Year, reflecting solid growth in its alternative investment business.

Key Takeaways

• Over 50% of mutual funds, ETFs, and composites outperformed peers and benchmarks, enhancing investment performance across public markets.
• The acquisition of Apera Asset Management increased private credit AUM to $95 billion, significantly bolstering Franklin’s capabilities in European markets.
• The firm raised $22.9 billion in private market fundraising, on track to reach a 5-year goal of $100 billion, with expectations for fiscal 2026 to see fundraising increase to $25–30 billion.
• Franklin's wealth management offerings are gaining traction, now contributing over 20% to private market fundraising and expected to rise to 25-30% in the coming years.