Franklin Templeton Investments reported that preliminary month-end assets under management by the company’s subsidiaries reached $725.7 billion at March 31.

That’s a 0.23% decrease from February, but up 3.2% from a year ago.

Meanwhile, total equity assets reached $299.9 at March 31, down 0.4% from February as well as down 2.9% from a year ago. Global/international equities were at $216.2 billion, down 1.3% from February and 4% from a year ago. U.S. equity assets were at $83.7 billion, up 2.07% from February and 0.24% from a year ago.

Franklin’s hybrid assets were at $103.9 billion at the end of March, up 1.2% from February and down 8.4% from a year ago.

Total fixed income was at $316.5 billion, down 0.2% from February, up 15%. Global/international debt was $187.7 billion, down 0.6% from February, but up 17% from a year ago.

Tax free fixed income was at $77.3 billion, unchanged from February, but up 14.5% from a year ago.

Cash management was at $5.7 billion, down 11% from Febuary and 5% from a year ago.

Tommy Fernandez writes for Money Management Executive.