Eaton Vance Earnings and AUM Are Up
   The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
Tuesday, November 20, 2012

Eaton Vance Earnings and AUM Are Up

Less than a week after Thomas Faust outlined his plans for growing Eaton Vance's [profile] business, his company has reported earnings and AUM growth for the fourth quarter.

The asset manager reported fourth quarter earnings of 53-cents, up 23 percent from the third quarter, and up 13-percent from a year ago. However, Adjusted earnings per diluted share were $1.89 for the fiscal year ended October 31, 2012, 5.5 percent from the previous fiscal year.

The company reported net inflows of $2.2 billion into long-term funds and separate accounts in the fourth quarter of fiscal 2012 compare to net outflows of $1.4 billion and $2.7 billion in the third quarter of fiscal 2012 and the fourth quarter of fiscal 2011, respectively.

Assets under management were $199.5 billion on October 31, 2012, an increase of 3 percent from the $192.9 billion of managed assets on July 31, 2012 and an increase of 6 percent from managed assets of $188.2 billion on October 31, 2011.

The rest of Eaton's earnings figures can be found here.

Printed from:

Copyright 2012, InvestmentWires, Inc.
All Rights Reserved
Back to Top