Franklin Advisers, Inc. is a privately owned investment manager. The firm primarily provides its services to investment companies. It also manages accounts for banking or thrift institutions, pension and profit sharing plans, charitable organizations, corporations, and state or municipal government entities. The firm also manages mutual funds. It also provides sub-advisory services to non-affiliated entities and advisory services to institutional accounts. The firm invests in the public equity and fixed income markets across the globe. It primarily invests in growth stocks of small-cap, mid-cap, mid-cap, and large-cap companies. The firm employs long/short equity strategy to make its investments. For its fixed income portfolio, the firm invests in the high yield corporate bonds. It operates as a subsidiary of Franklin Resources Inc. Franklin Advisers was founded in 1985 and is based in San Mateo, California.