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Goodwill and Acquired Client Relationships (Tables)
 12 Months Ended
Dec. 31, 2013
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of changes in goodwill
The following table presents the change in Goodwill during 2012 and 2013:
 
Institutional
 
Mutual Fund
 
High Net Worth
 
Total
Balance, as of December 31, 2011
$
1,071.4

 
$
785.0

 
$
260.9

 
$
2,117.3

Goodwill acquired
0.3

 
151.3

 
74.3

 
225.9

Foreign currency translation
6.8

 
3.2

 
2.0

 
12.0

Balance, as of December 31, 2012
$
1,078.5

 
$
939.5

 
$
337.2

 
$
2,355.2

Goodwill acquired
—

 
—

 
—

 
—

Foreign currency translation
(2.2
)
 
(11.4
)
 
0.1

 
(13.5
)
Balance, as of December 31, 2013
$
1,076.3

 
$
928.1

 
$
337.3

 
$
2,341.7
Schedule of changes in and the components of acquired client relationships
The following table reflects the components of intangible assets of the Company's Affiliates that are consolidated as of December 31, 2012 and 2013:
 
Acquired Client Relationships
 
Definite-lived
 
Indefinite-lived
 
Total
 
Gross Book
Value
 
Accumulated
Amortization
 
Net Book
Value
 
Net Book
Value
 
Net Book
Value
Balance, as of December 31, 2011
$
970.5

 
$
(317.0
)
 
$
653.5

 
$
667.6

 
$
1,321.1

New Investments
131.1

 
—

 
131.1

 
321.5

 
452.6

Amortization and impairments
—

 
(97.8
)
 
(97.8
)
 
(102.2
)
 
(200.0
)
Foreign currency translation
1.1

 
—

 
1.1

 
10.7

 
11.8

Transfers and other
6.9

 
31.3

 
38.2

 
(38.2
)
 
—

Balance, as of December 31, 2012
$
1,109.6

 
$
(383.5
)
 
$
726.1

 
$
859.4

 
$
1,585.5

New Investments
—

 
—

 
—

 
—

 
—

Amortization and impairments
—

 
(128.2
)
 
(128.2
)
 
—

 
(128.2
)
Foreign currency translation
(1.2
)
 
—

 
(1.2
)
 
4.6

 
3.4

Transfers and other
(68.9
)
 
68.9

 
—

 
—

 
—

Balance, as of December 31, 2013
$
1,039.5

 
$
(442.8
)
 
$
596.7

 
$
864.0

 
$
1,460.7