MELBOURNE, AUSTRALIA--(Marketwire - Jun 20, 2011) - Franklin Resources, Inc. (NYSE: BEN), a global investment management organization operating as Franklin Templeton Investments, today announced that Franklin Templeton Investments Australia Limited has agreed, subject to normal closing conditions, to acquire Balanced Equity Management Pty. Limited, in a cash and stock transaction. The purchase price has not been disclosed. The acquisition is expected to be completed in early July.