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Segment Information - Schedule of Economic Net Income by Segment (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Segment information                      
ENI revenue $ 207.4 $ 197.8 $ 207.1 $ 207.2 $ 214.5 $ 230.1 $ 233.9 $ 249.7 $ 819.5 $ 928.2 $ 887.4
ENI operating expenses                 324.7 531.9 491.1
Earnings before variable compensation                 494.8 396.3 396.3
Variable compensation                 199.4 235.9 252.2
ENI operating earnings (after variable comp)                 295.4 160.4 144.1
Affiliate key employee distributions                 45.1 76.6 73.1
Operating Income (Loss) 83.8 51.9 46.6 68.0 29.6 13.3 15.3 25.6 250.3 83.8 71.0
Net interest income (expense)                 (30.0) (21.7) (23.7)
Net investment income                 37.7 53.1 42.9
Net income attributable to non-controlling interests in consolidated Funds                 (16.1) 6.1 (4.9)
Income tax expense                 (18.0) (5.0) (132.8)
Gain (loss) on disposal of discontinued operations, net of tax                 0.0 0.1 (0.1)
Net Income (Loss) Attributable to Parent $ 74.3 $ 83.0 $ 21.6 $ 61.1 $ 18.8 $ 54.2 $ 2.5 $ 54.8 223.9 136.4 4.2
Consolidated Entity Excluding Consolidated Funds                      
Segment information                      
Revaluation of DTA deed                 0.0 20.0 51.8
Gain (loss) on disposal of discontinued operations, net of tax                 0.0 0.1 (0.1)
Quant & Solutions                      
Segment information                      
ENI revenue                 380.6 389.0 368.5
ENI operating expenses                 160.6 146.3 126.6
Earnings before variable compensation                 220.0 242.7 241.9
Variable compensation                 75.6 86.2 79.2
ENI operating earnings (after variable comp)                 144.4 156.5 162.7
Affiliate key employee distributions                 6.4 9.5 8.6
Earnings after Affiliate key employee distributions                 138.0 147.0 154.1
Net interest income (expense)                 0.0    
Net investment income                 0.0    
Net income attributable to non-controlling interests in consolidated Funds                 0.0    
Income tax expense                 0.0    
Economic Net Income                 138.0 147.0 154.1
Alternatives                      
Segment information                      
ENI revenue                 166.5 218.1 186.1
ENI operating expenses                 66.9 61.8 57.4
Earnings before variable compensation                 99.6 156.3 128.7
Variable compensation                 36.7 58.9 48.7
ENI operating earnings (after variable comp)                 62.9 97.4 80.0
Affiliate key employee distributions                 23.0 34.1 26.8
Earnings after Affiliate key employee distributions                 39.9 63.3 53.2
Net interest income (expense)                 0.0    
Net investment income                 0.0    
Net income attributable to non-controlling interests in consolidated Funds                 0.0    
Income tax expense                 0.0    
Economic Net Income                 39.9 63.3 53.2
Liquid Alpha                      
Segment information                      
ENI revenue                 263.8 311.6 335.1
ENI operating expenses                 78.8 84.5 82.1
Earnings before variable compensation                 185.0 227.1 253.0
Variable compensation                 62.4 73.9 86.9
ENI operating earnings (after variable comp)                 122.6 153.2 166.1
Affiliate key employee distributions                 23.7 33.0 37.7
Earnings after Affiliate key employee distributions                 98.9 120.2 128.4
Net interest income (expense)                 0.0    
Net investment income                 0.0    
Net income attributable to non-controlling interests in consolidated Funds                 0.0    
Income tax expense                 0.0    
Economic Net Income                 98.9 120.2 128.4
Other                      
Segment information                      
ENI revenue                 0.4 0.4 11.0
ENI operating expenses                 35.4 43.1 48.0
Earnings before variable compensation                 (35.0) (42.7) (37.0)
Variable compensation                 10.0 11.7 28.6
ENI operating earnings (after variable comp)                 (45.0) (54.4) (65.6)
Affiliate key employee distributions                 0.0    
Earnings after Affiliate key employee distributions                 (45.0) (54.4) (65.6)
Net interest income (expense)                 (21.0) (13.6) (18.8)
Net investment income                 0.0    
Net income attributable to non-controlling interests in consolidated Funds                 0.0    
Income tax expense                 (50.0) (62.7) (70.4)
Economic Net Income                 (116.0) (130.7) (154.8)
Reconciling Adjustments                      
Segment information                      
ENI revenue                 8.2 9.1 (13.3)
ENI operating expenses                 (17.0) 196.2 177.0
Earnings before variable compensation                 25.2 (187.1) (190.3)
Variable compensation                 14.7 5.2 8.8
ENI operating earnings (after variable comp)                 10.5 (192.3) (199.1)
Affiliate key employee distributions                 (8.0)    
Earnings after Affiliate key employee distributions                 18.5 (192.3) (199.1)
Net interest income (expense)                 (9.0) (8.1) (4.9)
Net investment income                 37.7 53.1 42.9
Revaluation of DTA deed                   20.0 51.8
Net income attributable to non-controlling interests in consolidated Funds                 (16.1) 6.1 (4.9)
Income tax expense                 32.0 57.7 (62.4)
Gain (loss) on disposal of discontinued operations, net of tax                   0.1 (0.1)
Economic Net Income                 $ 63.1 $ (63.4) $ (176.7)