Franklin Templeton's Assets Reach $494.4 Billion

Franklin Templeton's numbers were up last month. The firm reported preliminary month-end assets under management of $494.4 billion for the month ended July 31, 2006, compared to $490.1 billion in the preceding month and $438.7 billion in the same month a year ago.

That's an increase of just under 1% from the previous month and a 12.6% increase from July 2005.

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Money Management Executive
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