Investments (Tables)
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12 Months Ended |
Oct. 31, 2016 |
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| Investments Table [Abstract] |
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| Summary of investments |
| | (in thousands) | | 2016 | | | 2015 | | | Investment securities, trading: | | | | | | | | | | | Short-term debt securities | | $ | 85,822 | | | $ | 77,395 | | | | Consolidated sponsored funds | | | 248,036 | | | | 196,395 | | | | Separately managed accounts | | | 79,683 | | | | 56,859 | | | | Total investment securities, trading | | | 413,541 | | | | 330,649 | | | | Investment securities, available-for-sale | | | 13,312 | | | | 25,720 | | | | Investments in non-consolidated CLO entities | | | 3,837 | | | | 4,363 | | | | Investments in equity method investees | | | 139,929 | | | | 144,137 | | | | Investments, other | | | 19,154 | | | | 2,151 | | | | Total investments(1) | | $ | 589,773 | | | $ | 507,020 | | | | | | | | | | | | | | | | (1) Excludes the Company's investment in its consolidated CLO entity, which is discussed in Note 8. | |
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| Summary of investments classified as trading securities |
| | (in thousands) | | 2016 | | | 2015 | | | Short-term debt securities | | $ | 85,822 | | | $ | 77,395 | | | | Other debt securities | | 191,688 | | | | 136,959 | | | | Equity securities | | 136,031 | | | | 116,295 | | | | Total investment securities, trading | | $ | 413,541 | | | $ | 330,649 | |
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| Summary of investments classified as available-for-sale securities |
| | October 31, 2016 | | | | | Gross Unrealized | | | | | | (in thousands) | Cost | | Gains | | Losses | | Fair Value | | | Investment securities, available-for-sale | $ | 8,528 | | $ | 4,798 | | $ | (14) | | $ | 13,312 |
| | October 31, 2015 | | | | | Gross Unrealized | | | | | | (in thousands) | Cost | | Gains | | Losses | | Fair Value | | | Investment securities, available-for-sale | $ | 19,586 | | $ | 6,450 | | $ | (316) | | $ | 25,720 |
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| Summary of realized gains and losses recognized upon disposition of investments classified as available-for-sale |
| | (in thousands) | 2016 | 2015 | 2014 | | | Gains | $ | 2,191 | $ | 7,828 | $ | 823 | | | Losses | | (37) | | (3,885) | | (904) | | | Net realized gains (losses) | $ | 2,154 | $ | 3,943 | $ | (81) |
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| Summary of financial information for equity method investees |
| | (in thousands) | 2016 | 2015 | | | Assets | $ | 78,214 | $ | 62,180 | | | Liabilities | | 16,224 | | 11,979 | | | Outside equity interests | | 54,087 | | 42,670 |
| | (in thousands) | 2016 | 2015 | 2014 | | | Revenue | $ | 50,506 | $ | 52,899 | $ | 58,281 | | | Net income | | 36,575 | | 51,013 | | 67,966 |
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