Eaton Vance Corp. Reports September 30, 2020 Assets under Management

Rhea-AI Summary

Eaton Vance Corp. reported consolidated assets under management of $517.0 billion as of September 30, 2020, showing an increase from $507.4 billion on July 31, 2020. The growth is driven by various investment vehicles, including funds, institutional separate accounts, and individual separate accounts. Each category recorded substantial increases in assets, particularly funds which rose from $176.2 billion to $182.0 billion. The reported data reflects Eaton Vance's ongoing commitment to providing diverse investment solutions.

Positive

• Increase in assets under management from $507.4 billion to $517.0 billion.
• Funds category increased from $176.2 billion to $182.0 billion.
• Institutional separate accounts increased from $163.8 billion to $164.1 billion.
• Individual separate accounts increased from $167.4 billion to $170.9 billion.

Negative

• Slight decrease in assets under management in parametric overlay services from $94.3 billion to $93.1 billion.

BOSTON, Oct. 14, 2020 /PRNewswire/ -- Eaton Vance Corp. (NYSE: EV) today reported consolidated assets under management of $517.0 billion on September 30, 2020. This compares to $507.4 billion on July 31, 2020, the close of the Company's third fiscal quarter.

		Assets under Management
		(in billions)
		September 30,		July 31,
		2020		2020
By investment vehicle:
Funds		$            182.0		$                176.2
Institutional separate accounts		164.1		163.8
Individual separate accounts		170.9		167.4
Total		$            517.0		$                507.4
By investment mandate:
Equity(1)		$            135.5		$                133.0
Fixed income(2)		72.1		69.0
Floating-rate income		29.3		28.6
Alternative(3)		7.5		7.5
Parametric custom portfolios(4)		179.5		175.0
Parametric overlay services		93.1		94.3
Total		$            517.0		$                507.4
By investment affiliate:
Eaton Vance Management		$            152.4		$                147.2
Parametric		313.5		310.5
Atlanta Capital		25.2		25.0
Calvert		25.9		24.7
Total		$            517.0		$                507.4
(1) Includes balanced and other multi-asset mandates.  Excludes equity mandates reported as Parametric custom portfolios.
(2) Includes cash management mandates.  Excludes benchmark-based fixed income separate accounts reported as Parametric custom portfolios.
(3) Consists of absolute return, commodity and currency mandates.
(4) Equity, fixed income and multi-asset separate accounts managed by Parametric for which customization is a primary feature; other Parametric strategies may also be customized.

Eaton Vance Corp. regularly reports assets under management as of the end of each fiscal quarter (January, April, July and October) and each calendar quarter.

Eaton Vance provides advanced investment strategies and wealth management solutions to forward-thinking investors around the world. Through principal investment affiliates Eaton Vance Management, Parametric, Atlanta Capital, Calvert and Hexavest, the Company offers a diversity of investment approaches, encompassing bottom-up and top-down fundamental active management, responsible investing, systematic investing and customized implementation of client-specified portfolio exposures. Exemplary service, timely innovation and attractive returns across market cycles have been hallmarks of Eaton Vance since 1924. For more information, visit eatonvance.com.  

View original content:http://www.prnewswire.com/news-releases/eaton-vance-corp-reports-september-30-2020-assets-under-management-301152226.html

SOURCE Eaton Vance Corp.

FAQ

What are the latest assets under management for Eaton Vance Corp. as of September 30, 2020?

Eaton Vance Corp. reported assets under management of $517.0 billion as of September 30, 2020.

How much did Eaton Vance's funds increase in assets from July 31, 2020, to September 30, 2020?

Eaton Vance's funds increased from $176.2 billion to $182.0 billion from July 31, 2020, to September 30, 2020.

What is the change in institutional separate accounts for Eaton Vance from the previous quarter?

Institutional separate accounts increased from $163.8 billion to $164.1 billion.

What was the performance of individual separate accounts for Eaton Vance in the last quarter?

Individual separate accounts increased from $167.4 billion to $170.9 billion.

Did Eaton Vance Corp. experience any decline in assets under management recently?

Yes, there was a slight decrease in parametric overlay services from $94.3 billion to $93.1 billion.