Franklin Resources Q3: Fallout From Western Asset Continues
I rate Franklin Resources, Inc. (NYSE: BEN ) as Hold , for income focused investors who are looking for long-term buy and hold investments. BEN is currently dealing with large net outflows from its Western Asset ManagementDavid A. Johnson is founder and principal of Endurance Capital Management, a New Jersey Limited Liability Company. As an investor entrepreneur, David invests in stocks, bonds, options, ETFs, REITs, real estate, closed end funds and alternative investment funds such as hedge funds and priva ...