Redeemable Non-Controlling Interests (Tables)

12 Months Ended

Dec. 31, 2025

Noncontrolling Interest [Abstract]

Schedule of Changes in Redeemable Non-Controlling Interests

The following table presents the changes in Redeemable non-controlling interests:

	Redeemable Non-controlling Interests
	2024	2025
Balance, beginning of period . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	$393.4	$350.5
Increase attributable to consolidated Affiliate sponsored investment products . . . . . . . . . . . . .	1.1	19.3
Transfers to Other liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	(69.6)	(152.1)
Transfers from (to) Non-controlling interests . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	1.7	(53.0)
Changes in redemption value . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	23.9	82.1
Balance, end of period(1) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	$350.5	$246.8

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(1) As of December 31, 2024 and 2025, Redeemable non-controlling interests includes consolidated Affiliate sponsored

investment products primarily attributable to third-party investors of $12.9 million and $32.2 million, respectively.