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Investments (Tables)
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12 Months Ended |
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Oct. 31, 2012
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| Investments Table [Abstract] |
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| Summary of investments |
| | (in thousands) | | 2012 | | | 2011 | | | Investment securities, trading: | | | | | | | | | | | Corporate debt securities | | $ | - | | | $ | 4,832 | | | | Consolidated sponsored funds | | | 157,405 | | | | 143,517 | | | | Separately managed accounts | | | 32,848 | | | | 44,860 | | | | Total investment securities, trading | | | 190,253 | | | | 193,209 | | | | Investment securities, available-for-sale | | | 31,148 | | | | 39,841 | | | | Investment in non-consolidated CLO entity | | | 350 | | | | 278 | | | | Investments in equity method investees | | | 257,652 | | | | 46,900 | | | | Investments, other | | | 7,530 | | | | 7,507 | | | | Total investments(1) | | $ | 486,933 | | | $ | 287,735 | | | | | | | | | | | | | | | | (1) Excludes the Company's investment in its consolidated CLO entity, which is discussed in Note 9. | |
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| Summary of investments classified as trading securities |
| | (in thousands) | | 2012 | | | 2011 | | | Debt securities | | $ | 70,805 | | | $ | 85,222 | | | | Equity securities | | | 119,448 | | | | 107,987 | | | | Total investment securities, trading | | $ | 190,253 | | | $ | 193,209 | |
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| Summary of investments classified as available-for-sale securities |
| | 2012 | | | | | Gross Unrealized | | | | | | (in thousands) | Cost | | Gains | | Losses | | Fair Value | | | Sponsored funds | $ | 22,331 | | $ | 8,835 | | $ | (18) | | $ | 31,148 |
| | 2011 | | | | | Gross Unrealized | | | | | | (in thousands) | Cost | | Gains | | Losses | | Fair Value | | | Sponsored funds | $ | 34,368 | | $ | 5,518 | | $ | (45) | | $ | 39,841 |
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| Summary of realized gains and losses upon disposition of sponsored funds classified as available-for-sale |
| | (in thousands) | 2012 | 2011 | 2010 | | | Gains | $ | 348 | $ | 3,212 | $ | 3,108 | | | Losses | | (440) | | (2,626) | | (60) | | | Net realized (losses) gains | $ | (92) | $ | 586 | $ | 3,048 |
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| Summary of investments in equity method investees |
| | | | Equity Ownership Interest (%) | | Carrying Value ($)(1) | | | | | October 31, | | October 31, | | | October 31, | | | October 31, | | | (dollar amounts in thousands) | 2012 | | 2011 | | | 2012 | | | 2011 | | | Eaton Vance Richard Bernstein | | | | | | | | | | | | All Asset Strategy Fund | 44% | | - | | $ | 23,341 | | $ | - | | | Eaton Vance Real Estate Fund | 48% | | - | | | 16,494 | | | - | | | AGF Floating Rate Income Fund | 21% | | - | | | 15,334 | | | - | | | Eaton Vance Tax-Advantaged Bond | | | | | | | | | | | | Strategies Long Term Fund | 31% | | - | | | 10,346 | | | - | | | Eaton Vance Parametric Structured | | | | | | | | | | | | Currency Fund | 33% | | - | | | 1,043 | | | - | | | Eaton Vance Parametric Option | | | | | | | | | | | | Absolute Return Strategy Fund | - | | 27% | | | - | | | 19,298 | | | Eaton Vance Parametric Structured | | | | | | | | | | | | Commodity Strategy Fund | - | | 47% | | | - | | | 9,190 | | | Total | | | | | $ | 66,558 | | $ | 28,488 | | | | | | | | | | | | | | | | (1) | The carrying value of equity method investments in 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. |
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| Summary of financial information on equity method investees. |
| | | | | 2012 | | | 2011 | | | | | | | | | | Other | | | | | | | | | (in thousands) | | Hexavest | | | | Investees | | | Total | | | Total | | | Balance Sheet | | | | | | | | | | | | | | | | Total assets | | $ | 25,182 | | | $ | 363,539 | | $ | 388,721 | | $ | 323,126 | | | Total liabilities | | | 11,544 | | | | 14,351 | | | 25,895 | | | 415 |
| | | | 2012 | | | 2011 | | | 2010 | | | | | | | | | Other | | | | | | | | | | | (in thousands) | | Hexavest | | | | Investees | | | Total | | | Total | | | Total | | Statement of Income(1) | | | | | | | | | | | | | | | | | | Revenue | | $ | 10,691 | | | $ | 8,788 | | $ | 19,479 | | $ | 20,609 | | $ | 41,715 | | Operating income | | | 6,060 | | | | 5,286 | | | 11,346 | | | 1,469 | | | 5,069 | | Net income | | | 4,714 | | | | 34,339 | | | 39,053 | | | 93,896 | | | 3,741 | | | | | | | | | | | | | | | | | | | | (1) Statement of income figures are included only for the time in which the investees were accounted for under the equity method. |
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