Investments (Tables)

9 Months Ended

Sep. 30, 2012

Investments [Abstract]

Investments

Investments consist of:

	September 30, 2012		December 31, 2011
	(in thousands)
Available-for-sale (primarily seed capital)	$	14,526	$	13,883
Trading:
Deferred compensation-related		119,386		135,832
United States Treasury Bills		37,985		37,998
Seed capital		279,909		278,932
Equities and exchange-traded options		26,650		58,237
Investments in limited partnership hedge funds:
Deferred compensation-related		32,371		40,538
Seed capital		126,240		123,920
Consolidated private equity fund (10% seed capital)		50,038		58,749
Private equity (seed capital)		32,573		35,726
Other		6,895		11,479
Total investments	$	726,573	$	795,294