Variable Interest Entities (Tables)

3 Months Ended

Feb. 28, 2015

Variable Interest Entity [Line Items]

Assets and Liabilities of Consolidated VIEs Prior to Consolidation

The following table presents information about our consolidated VIEs at February 28, 2015 and November 30, 2014 (in millions). The assets and liabilities in the tables below are presented prior to consolidation and thus a portion of these assets and liabilities are eliminated in consolidation.

	February 28, 2015				November 30, 2014
	Securitization Vehicles		Other		Securitization Vehicles		Other
Cash	$	—	$	0.2	$	—	$	0.2
Financial instruments owned	65.6		0.3		62.7		0.3
Securities purchased under agreement to resell (1)	795.4		—		575.2		—
Fees, interest and other receivables	0.4		—		0.4		—
	$	861.4	$	0.5	$	638.3	$	0.5
Other secured financings (2)	$	860.6	$	—	$	637.7	$	—
Other liabilities	0.8		0.2		0.6		0.2
	$	861.4	$	0.2	$	638.3	$	0.2

(1) Securities purchased under agreement to resell represent an amount due under a collateralized transaction on a related consolidated entity, which is eliminated in consolidation.

(2) Approximately $5.6 million and $39.7 million of the secured financing represents an amount held by us in inventory and is eliminated in consolidation at February 28, 2015 and November 30, 2014, respectively.

Variable Interest Entity Not Primary Beneficiary [Member]

Variable Interest Entity [Line Items]

Variable Interests in Non-Consolidated Variable Interest Entities

The following tables present information about our variable interests in nonconsolidated VIEs (in millions):

	February 28, 2015
	Carrying Amount				Maximum
	Assets		Liabilities		Exposure to loss		VIE Assets
Collateralized loan obligations	$	75.4	$	—	$	817.9	$	8,125.2
Consumer loan financing vehicles	175.3		—		758.8		411.6
Asset management vehicle (1)	6.0		—		6.0		199.6
Private equity vehicles (2)	23.7		—		48.3		70.8
Total	$	280.4	$	—	$	1,631.0	$	8,807.2

	November 30, 2014
	Carrying Amount				Maximum
	Assets		Liabilities		Exposure to loss		VIE Assets
Collateralized loan obligations	$	134.0	$	—	$	926.9	$	7,737.1
Consumer loan financing vehicles	170.6		—		797.8		485.2
Asset management vehicle (1)	11.3		—		11.3		432.3
Private equity vehicles (2)	44.3		—		59.2		92.8
Total	$	360.2	$	—	$	1,795.2	$	8,747.4

(1) Assets consist of equity interests, which are included within Investments in managed funds, and accrued management and performance fees, which are included within Receivables: Fees, interest and other.

(2) Assets consist of equity interests, which are included within Investments in managed funds.