Whois & Analysis for franklintempleton.com

Asset management, broadly defined, refers to any system that monitors and maintains things of value to an entity or group.

It may apply to both tangible assets such as buildings and to intangible assets such as human capital, intellectual property, and goodwill and financial assets.

Asset management is a systematic process of deploying, operating, maintaining, upgrading, and disposing of assets cost-effectively.

A mutual fund is a professionally managed investment fund that pools money from many investors to purchase securities.

While there is no legal definition of the term "mutual fund", it is most commonly applied to collective investment vehicles that are regulated and sold to the general public on a daily basis.

They are sometimes referred to as "investment companies" or "registered investment companies".

Hedge funds are not mutual funds; they cannot be sold to the general public and are subject to different government regulations.

Franklin Resources Inc. is an American holding company that, together with its subsidiaries, is referred to as Franklin Templeton Investments; it is a global investment firm founded in New York City in 1947 as Franklin Distributors, Inc. It is listed on the New York Stock Exchange under the ticker symbol BEN, in honor of Benjamin Franklin, for whom the company is named, and who was admired by founder Rupert Johnson, Sr.

In 1973 the company's headquarters moved from New York to San Mateo, California.

Today, Franklin Templeton Investments is one of the world's largest asset management groups with over US$850 billion in assets under management (AUM) on behalf of over 25 million private, professional and institutional investors, as at September 30, 2014, up $29.7 billion or 4% during the 4th quarter (FY 2013).

An exchange-traded fund (ETF) is an investment fund traded on stock exchanges, much like stocks.

An ETF holds assets such as stocks, commodities, or bonds, and trades close to its net asset value over the course of the trading day.

Most ETFs track an index, such as a stock index or bond index.

ETFs may be attractive as investments because of their low costs, tax efficiency, and stock-like features.

By 2013, ETFs were the most popular type of exchange-traded product.