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Consolidated Funds

3 Months Ended

Jan. 31, 2013

Consolidated Funds Disclosure [Abstract]

4. Consolidated Funds

The Company consolidates Eaton Vance-managed funds in which the Company holds a controlling financial interest. All investments held by consolidated funds were included in investments on the Company's Consolidated Balance Sheets and classified as investment securities, trading, at January 31, 2013 and October 31, 2012. Net investment income related to these funds was included in gains and other investment income, net, on the Company's Consolidated Statements of Income for all periods presented. Net investment income was partially offset by amounts attributable to non-controlling interest holders, which were recorded in net income attributable to non-controlling and other beneficial interest holders in the Company's Consolidated Statements of Income for all periods presented.

The following table sets forth the balances related to consolidated funds that were included on the Company's Consolidated Balance Sheets at January 31, 2013 and October 31, 2012 as well as the Company's net interest in these funds:

(in thousands)		January 31, 2013		October 31, 2012
Investments		$	176,269	$	157,405
Other assets			34,040		5,594
Other liabilities			(19,420)		(16,928)
Redeemable non-controlling interests			(23,722)		(20,072)
Net interest in consolidated funds⁽¹⁾		$	167,167	$	125,999

⁽¹⁾	Excludes the Company's investment in its consolidated CLO entity, which is discussed in Note 9.