Franklin Resources, Inc. · NYSE:BEN
Franklin Resources — Bank of America Merrill Lynch Banking and Financial Services Conference 2010
16 slides from Franklin Resources's conference presentation, Nov 18, 2010
Slide 1: Franklin Resources, Inc. at BofA Merrill Lynch Banking and Financial Services Conference
FRANKLIN TEMPLETON INVESTMENTS Franklin Resources, Inc. Bank of America Merrill Lynch Banking and Financial Services Conference – November 18, 2010
Slide 2: Forward-Looking Statements
FRANKLIN TEMPLETON INVESTMENTS Forward-Looking Statements The financial results in this presentation are preliminary. Statements in this presentation regarding Franklin Resources, Inc. (“Franklin”) and its subsidiaries, which are not historical facts, are "forward-looking statements" within the mean
Slide 3: Franklin Templeton Investments Our Core Strengths
FRANKLIN TEMPLETON INVESTMENTS Franklin Templeton Investments Our Core Strengths Unwavering Focus on Investment Excellence Global Perspective and Local Commitment • A pure asset management organization dedicated • Pioneer in global investing to active management • Track record of innovation • Time-t
Slide 4: The Expertise of Many
FRANKLIN TEMPLETON INVESTMENTS The Expertise of Many Our World-Class Investment Management Groups FRANKLIN TEMPLETON INVESTMENTS SPECIALIZED FRANKLIN® TEMPLETON® MUTUAL SERIES® INVESTMENT TEAMS* Time-Tested Expertise • The separate investment management groups at Franklin, Templeton and Mutual Serie
Slide 5: Strong Long-Term Performance
FRANKLIN TEMPLETON INVESTMENTS Strong Long-Term Performance Percentage of Long-Term Assets in Top Two Quartiles1 for the 1-Year Period Ended 9/30/10 Franklin Templeton Franklin Templeton Franklin Templeton U.S. Mutual Funds2 Cross-Border Funds3 Institutional Composites4 90% 91% 89% 86% 88% 90% 91% 8
Slide 6: Broad and Diversified Client and Asset Base
FRANKLIN TEMPLETON INVESTMENTS Broad and Diversified Client and Asset Base Assets Under Management in USD Billions AUM by Region United States 70% Europe 12% $646 $645 Asia-Pacific 9% Canada 5% $511 $523 Middle East/Africa 2% $507 43% Americas 2% 60% 47% 52% 59% AUM by Client Type 39% Retail 72% 21%
Slide 7: Diversification Benefits Flows
FRANKLIN TEMPLETON INVESTMENTS Diversification Benefits Flows Long-Term Flows for the Quarter Ended in USD Billions $49 $50 $48 $51 $49 $46 $41 $41 $43 $42 $39 $34 $35 Long-Term Sales $28 $28 $20 Long-Term Redemptions ($24) ($22) ($23) ($25) ($30) ($28) ($29) ($33) ($34) ($32) ($41) ($43) ($41) ($47
Slide 8: A Patient Approach to Campaigns
FRANKLIN TEMPLETON INVESTMENTS A Patient Approach to Campaigns Planting the Seeds for Fixed Income Growth Fixed Income as a Percentage of U.S. Long-Term Sales 100% Duration of Fixed 80% Income Campaign 60% 63% 40% 20% 0% 10/05 2/06 6/06 10/06 2/07 6/07 10/07 2/08 6/08 10/08 2/09 6/09 10/09 2/10 6/10
Slide 9: Leveraging Technology is an Important Component of our Distribution Strategy
FRANKLIN TEMPLETON INVESTMENTS Leveraging Technology is an Important Component of our Distribution Strategy 8
Slide 10: Risk Management in Communications
FRANKLIN TEMPLETON INVESTMENTS Risk Management in Communications 9
Slide 11: Broadening Solutions and Alternative Strategies
FRANKLIN TEMPLETON INVESTMENTS Broadening Solutions and Alternative Strategies Solutions • Franklin Templeton Multi-Asset Strategies • Leveraging the insights and strategies of Franklin Templeton’s individual investment management groups Alternatives • Continue to build our investment capabilities t
Slide 12: Long-term Commitment to the Markets We Enter
FRANKLIN TEMPLETON INVESTMENTS Long-term Commitment to the Markets We Enter OFFICES IN 30+ COUNTRIES CLIENTS IN 150+ COUNTRIES Located in countries representing 85% of the world’s GDP1 The Americas Europe/Middle East/Africa Asia-Pacific United States (1947) United Kingdom (1986) Netherlands (1997) R
Slide 13: Our Global Business Is Growing
FRANKLIN TEMPLETON INVESTMENTS Our Global Business Is Growing AUM and Long-Term Sales by Region1 Cross-Border Long-Term Asset Market Share2 2% 3% 7.5% 4% 30% International 16% 49% 5.5% % Market Share 5.1% 25% 4.7% 3.9% 4.0% 3.6% 2.9% 2.6% 70% United 1.8% States 51% AUM by Region Long-Term Sales by R
Slide 14: Depth and Breadth of our Global Presence
FRANKLIN TEMPLETON INVESTMENTS Depth and Breadth of our Global Presence Countries and Regions with over $3 Billion in AUM $45.0B $451.3B $32.6B Countries and Regions with Product Presence $21.0B $19.3B $17.3B $12.8B $10.5B $11.6B $9.5B $7.2B $7.5B $7.9B $5.9B $3.5B $4.0B $4.6B $3.1B Luxe m bo urg F
Slide 15: Operating Results
FRANKLIN TEMPLETON INVESTMENTS Operating Results (for the fiscal year ended) Operating Revenues Operating Income $U.S. Millions $U.S. Millions 2,068 2,099 6,206 6,032 1,959 5,853 5,051 1,633 4,194 1,203 9/06 9/07 9/08 9/09 9/10 9/06 9/07 9/08 9/09 9/10 Earnings Per Share (Diluted)1 Operating Margin1
Slide 16: Capital Management
FRANKLIN TEMPLETON INVESTMENTS Capital Management Cash and Cash Equivalents and Investments vs. Total Debt Stock Repurchase Activity $U.S. Millions (as of and for the 12 Months Ended) Shares Millions 6,826 253.2 245.5 5,493 5,777 14 5,191 5,237 11 10 232.8 229.3 224.0 6 7 1,028 823 980 269 121 9/06