(Bloomberg) -- Franklin Resources Inc., the manager of the Franklin and Templeton mutual funds that has the majority of its equity assets in global stocks, said fiscal fourth- quarter profit climbed 3.4 percent as rising markets boosted assets.

 

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.