Investments (Tables)

12 Months Ended

Oct. 31, 2014

Investments Table [Abstract]

Summary of investments

(in thousands)	2014		2013
Investment securities, trading:
Short-term debt	$	156,972	$	20,116
Consolidated sponsored funds		172,413		153,327
Separately managed accounts		51,660		62,081
Total investment securities, trading		381,045		235,524
Investment securities, available-for-sale		30,167		22,727
Investments in non-consolidated CLO entities		4,033		5,378
Investments in equity method investees		206,352		269,683
Investments, other		3,008		3,011
Total investments(1)	$	624,605	$	536,323
(1) Excludes the Company's investments in consolidated CLO entities, which are discussed in Note 9.

Summary of investments classified as trading securities

(in thousands)	2014		2013
Short-term debt	$	156,972	$	20,116
Other debt - consolidated sponsored funds and
separately managed accounts		83,824		97,650
Equity securities - consolidated sponsored funds and
separately managed accounts		140,249		117,758
Total investment securities, trading	$	381,045	$	235,524

Summary of investments classified as available-for-sale securities

2014				Gross Unrealized
(in thousands)	Cost		Gains		Losses		Fair Value
Investment securities, available-for-sale	$	21,032	$	9,159	$	(24)	$	30,167

2013				Gross Unrealized
(in thousands)	Cost		Gains		Losses		Fair Value
Investment securities, available-for-sale	$	15,459	$	7,306	$	(38)	$	22,727

Summary of realized gains and losses upon disposition of investments classified as available-for-sale

(in thousands)	2014		2013		2012
Gains	$	823	$	5,978	$	348
Losses		(904)		(235)		(440)
Net realized gains (losses)	$	(81)	$	5,743	$	(92)

Summary of equity method investments in sponsored funds

		Equity Ownership Interest (%)		Carrying Value ($)(1)
		October 31,	October 31,		October 31,		October 31,
(dollar amounts in thousands)		2014	2013		2014		2013
Eaton Vance Real Estate Fund		34%	34%	$	11,953	$	9,820
Eaton Vance Focused Growth
Opportunities Fund		33%	34%		9,559		6,870
Eaton Vance Focused Value
Opportunities Fund		32%	34%		7,588		6,826
Eaton Vance Tax-Advantaged Bond
Strategies Long Term Fund		27%	30%		6,105		5,552
Eaton Vance Currency Income
Advantage Fund		43%	-		973		-
Eaton Vance Atlanta Capital Select
Equity Fund		-	28%		-		25,207
Eaton Vance Hexavest Global
Equity Fund		-	30%		-		24,592
Eaton Vance Municipal
Opportunities Fund		-	33%		-		10,420
Total				$	36,178	$	89,287
(1)	The carrying value of equity method investments in Company-sponsored funds is measured based on the funds’ net asset
	values. The Company has the ability to redeem its investments in these funds at any time. Not shown are Company
	investments in certain of the above-listed funds that were not accounted for as equity method investments as of the
	indicated date.

Summary of financial information for equity method investees.

		2014							2013
(in thousands)	Hexavest			Other Investees		Total	Hexavest			Other Investees		Total
Balance Sheets
Total assets	$	30,989	$	194,981	$	225,970	$	27,704	$	419,331	$	447,035
Total liabilities		13,854		1,757		15,611		10,062		49,099		59,161
Outside equity interests		11,290		152,825		164,115		12,175		276,025		288,200

		2014							2013
(in thousands)		Hexavest		Other Investees		Total		Hexavest		Other Investees		Total
Statements of Income (1)
Revenue	$	57,981	$	300	$	58,281	$	45,680	$	1,241	$	46,921
Operating income (loss)		34,957		(2,337)		32,620		27,386		(2,315)		25,071
Net income		24,876		43,090		67,966		20,870		29,665		50,535
		2012
(in thousands)		Hexavest		Other Investees		Total
Statements of Income (1)
Revenue	$	10,691	$	8,788	$	19,479
Operating income (loss)		6,060		5,286		11,346
Net income		4,714		34,339		39,053
(1)Statement of income figures are included only for the time in which the investees were accounted for under the equity method.