Franklin Resources, Inc. (BEN) Q4 2024 Earnings Call Transcript Summary
Franklin Resources, Inc. (BEN) Q4 2024 Earnings Call Transcript Summary
Ending AUM was $1.68 trillion in FY 2024, up 22% from the prior year.The following is a summary of the Franklin Resources, Inc. (BEN) Q4 2024 Earnings Call Transcript:
以下是富蘭克林資本（Franklin Resources, Inc.）2024年第四季度業績會實錄摘要：
Financial Performance:
金融業績：
Adjusted operating revenues reached $1.7 billion in Q4 and $6.6 billion for FY 2024, driven by higher average AUM.
Adjusted operating income was $452 million in Q4, a 6% increase from the previous quarter.
Ending AUM was $1.68 trillion in FY 2024, up 22% from the prior year.
The company saw a positive trend in net long-term flows, with significant inflows in their alternative assets and wealth management channels.
第四季度調整營業收入達到17億美元，2024財年達到66億美元，受平均資產淨值上漲推動。
第四季度調整後營業收入爲45200萬美元，較上一季度增長6%。
2024財年結束時，資產淨值達到1.68萬億美元，比上一年增長22%。
公司在淨長期流動性上看到了積極趨勢，其替代資產和财富管理渠道有顯著淨流入。
Business Progress:
業務進展：
Franklin Templeton introduced the 'alternatives by Franklin Templeton' brand in wealth management channels.
The company highlighted its extensive investment in AI and blockchain technologies, including a strategic partnership with Microsoft to build an advanced financial AI platform.
Notable growth in ETFs, Canvas AUM, and Private Wealth Management, particularly Fiduciary Trust International.
富蘭克林泰普爾頓（Franklin Templeton）在财富管理渠道推出了「富蘭克林泰普爾頓替代品」品牌。
該公司強調了其對人工智能和區塊鏈技術的大量投資，包括與微軟建立戰略合作伙伴關係，打造先進的金融人工智能平台。
ETFs、Canvas AUm和私人财富管理顯著增長，尤其是Fiduciary Trust International。
Opportunities:
機會：
Growth opportunities in the alternative assets space, including secondary private equity, real estate debt, and late-stage venture investments in mutual funds.
Significant potential in private wealth management prompted by an unprecedented intergenerational transfer of wealth estimated at $84 trillion through 2045.
另類資產領域的增長機會包括二級股權投資、房地產債務以及在互惠基金中進行後期創業公司投資。
私人财富管理領域存在巨大潛力，受預計到2045年達到84萬億美元的空前代際財富轉移的推動。
Risks:
風險：
Ongoing investigations into Western Asset's treasury derivatives allocations could affect financial stability and client trust, contributing to substantial outflows.
對Western Asset的國庫衍生產品分配進行的持續調查可能影響金融穩定性和客戶信任，導致大量資金外流。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。
