MANAGEMENT BRIEFS

MANAGEMENT BRIEFS

Like most money managers, Franklin Resources struggled during the bear market last summer, and the pain was evident in its financial results for the fourth quarter of its 1998 fiscal year, ended September 30. Technology costs were the sole bright spot in the company's income statement for the quarter. They showed only a modest uptick to $51.9 million compared to $48.7 million in the same quarter a year ago. For the year as a whole, Franklin's technology budget, jumped to $181.7 million

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: