Eaton Vance profit rises on strong inflows

Tue Nov 20, 2012 8:58am EST

(Reuters) - Asset manager Eaton Vance Corp's (EV.N) fourth-quarter profit rose, helped by strong inflows of client money.

For the quarter ended October 31, net income attributable to shareholders rose to $53.1 million, or 45 cents per share, from $46.8 million, or 40 cents per share, a year earlier.

The company reported net inflows from its long-term funds and separate accounts of $2.2 billion, compared with net outflows of $2.7 billion in the year-earlier quarter.

(Reporting by Aman Shah in Bangalore; Editing by Supriya Kurane)