Investments (Tables)

9 Months Ended

Sep. 30, 2014

The Company’s investments, excluding the assets of consolidated sponsored investment products discussed in Note 12, at September 30, 2014 and December 31, 2013 are as follows:


	September 30, 2014		December 31, 2013
*($ in thousands)*
Marketable securities	$	50,845	$	28,968
Equity method investments		7,235		4,070
Nonqualified retirement plan assets		4,654		4,220
Other investments		925		—

Total investments	$	63,659	$	37,258

Schedule of Marketable Securities

The Company’s marketable securities consist of both trading and available-for-sale securities. The composition of the Company’s marketable securities is summarized as follows:

September 30, 2014


	Cost		Unrealized Loss			Unrealized Gain		Fair Value
*($ in thousands)*
Trading:
Sponsored funds	$	37,426	$	(633	)	$	2,036	$	38,829
Equity securities		8,255		—			672		8,927
Available-for-sale:
Sponsored funds		3,074		(136	)		151		3,089

Total marketable securities	$	48,755	$	(769	)	$	2,859	$	50,845

December 31, 2013


	Cost		Unrealized Loss			Unrealized Gain		Fair Value
*($ in thousands)*
Trading:
Sponsored funds	$	16,079	$	(704	)	$	2,529	$	17,904
Equity securities		7,043		—			1,336		8,379
Available-for-sale:
Sponsored funds		2,815		(145	)		15		2,685

Total marketable securities	$	25,937	$	(849	)	$	3,880	$	28,968

- Definition

Tabular disclosure of marketable securities. This may consist of investments in certain debt and equity securities, short-term investments and other assets.

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