BEN · 10-K · 2026A · Full report

Geographic Market Commentary

FRANKLIN TEMPLETON INC · 2026-11-09 · Importance 21 · Surprise 22

AUM in Europe, Middle East and Africa increased from $201.4 billion to $226.1 billion, approximately 12.3% year over year. Asia-Pacific AUM rose from $179.5 billion to $191.7 billion, while Americas excluding the United States declined from $108.8 billion to $105.0 billion. The filing notes that fiscal 2026’s regional presentation includes India in Asia-Pacific and classifies Cayman-domiciled money-market fund assets as United States AUM based on the underlying investor base.

Key facts

• Effective in fiscal year 2026, Cayman-domiciled money market fund assets were included in the United States, resulting in an 11% reduction of AUM in the Americas excluding the U.S. source
• Effective January 1, 2026, Asia-Pacific includes India, and prior periods were revised to reflect this presentation. source
• During fiscal year 2026, the S&P 500 Index and MSCI World Index each increased 15.7%, while the Bloomberg Global Aggregate Index decreased 2.4%. source