Eaton Vance Corp. Reports March 31, 2011 Assets Under Management
BOSTON, April 13, 2011 /PRNewswire/ -- Eaton Vance Corp. (NYSE: EV) today reported assets under management of $198.0 billion on March 31, 2011. This compares to $191.7 billion on January 31, 2011, the close of the Company's first fiscal quarter.
Assets Under Management |
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(in billions) |
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1/31/2011 |
3/31/2011 |
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By client type: |
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Funds |
$ 117.4 |
$ 121.1 |
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Institutional separate accounts |
36.9 |
37.5 |
||
High-net-worth separate accounts(1) |
12.9 |
13.7 |
||
Retail managed accounts |
24.5 |
25.7 |
||
Total |
$ 191.7 |
$ 198.0 |
||
By asset category: |
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Equity(1)(2) |
$ 114.7 |
$ 119.0 |
||
Fixed income(3) |
43.7 |
44.0 |
||
Floating-rate income |
21.9 |
23.3 |
||
Alternative |
11.4 |
11.7 |
||
Total |
$ 191.7 |
$ 198.0 |
||
(1) 3/31/11 figure includes $352 million related to the Pelican Investment Management asset acquisition. |
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(2) Includes balanced accounts. |
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(3) Includes cash management assets of $0.7 billion on 1/31/2011 and $1.1 billion on 3/31/2011. |
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Eaton Vance Corp. regularly reports assets under management on a fiscal quarter-end basis (January, April, July and October). The Company also reports assets under management on a calendar quarter basis in order to assist industry consultants who advise institutional clients on investment manager selection.
Eaton Vance Corp. is one of the oldest investment management firms in the United States, with a history dating back to 1924. Eaton Vance and its affiliates offer individuals and institutions a broad array of investment strategies and wealth management solutions. The Company's long record of providing exemplary service and attractive returns through a variety of market conditions has made Eaton Vance the investment manager of choice for many of today's most discerning investors. For more information about Eaton Vance, visit www.eatonvance.com.
SOURCE Eaton Vance Corp.
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