Tourbillon Capital Partners is latest hedge fund to announce closing: WSJ [Seeking Alpha]
Franklin Resources, Inc. (BEN)
Last franklin resources, inc. earnings: 4/30 08:30 am
Check Earnings Report
US:NYSE Investor Relations:
investors.franklinresources.com/investor-relations/investor-relations/default.aspx
Company Research
Source: Seeking Alpha
Tourbillon Capital Partners tells investors on Monday that it's closing, at least the third hedge fund to announce that it's shutting down this month, the Wall Street Journal reports. The company's flagship fund declined 3.2% this year through Sept. 28, and had been underperforming for several years, according to the WSJ. The firm plans to return more than $1B to clients by year-end, founder Jason Karp told clients in a letter. With the end of the year approaching, hedge funds are starting to get redemption notices from some clients and may be re-evaluating future plans. For the first three quarters of the year, stock hedge funds averaged a 1.9% return, according to research firm HFR. Last week Criterion Capital and HIghfields Capital announced they're closing their doors. Previously: BNY Mellon Investment Management to close EACM Advisors (Sept. 24) Now read: Franklin Resources September AUM edges down 0.7% from August » Subscribe for full text ne
Show less
Read more
Impact Snapshot
Event Time:
BEN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BEN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BEN alerts
High impacting Franklin Resources, Inc. news events
Weekly update
A roundup of the hottest topics
BEN
News
- With 51% ownership, D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) insiders have a lot at stake [Yahoo! Finance]Yahoo! Finance
- Franklin Resources, Inc. Announces Month-End Assets Under ManagementBusiness Wire
- SMArtX Makes Major Expansion, Adding 86 New Strategies From 12 Leading Asset Management Firms [Yahoo! Finance]Yahoo! Finance
- Wage Growth No Longer Instigating Inflation [Forbes]Forbes
- Benefit Street Partners Closes Second Special Situations Fund [Yahoo! Finance]Yahoo! Finance
BEN
Earnings
- 4/29/24 - Miss
BEN
Sec Filings
- 5/9/24 - Form N-CEN
- 5/7/24 - Form N-MFP2
- 5/3/24 - Form 497J
- BEN's page on the SEC website