Franklin Resources reported Thursday that its net income in the second quarter was $371.4 million, or $1.41 per diluted share, up 42% from $261.9 million, or $1 per diluted share, in the second quarter of 2005.

Flows to and strong performance in its international funds drove most of that growth, the company said. Over the past year, assets in its international funds have increased 25%.

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