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Acquisitions Acquisitions (Tables)
9 Months Ended
Dec. 31, 2015
Business Acquisition [Line Items]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]
 
 
RARE Infrastructure Limited (1)
 
Martin Currie (Holdings) Limited
 
QS Investors Holdings, LLC
 
Fauchier Partners Management, Limited
Acquisition Date
 
October 21, 2015
 
October 1, 2014
 
May 30,
 2014
 
March 13,
 2013
 
 
 
 
 
 
 
 
 
Purchase price
 
 
 
 
 
 
 
 
     Cash
 
$
213,739

 
$
202,577

 
$
11,000

 
$
63,433

     Estimated contingent consideration
 
25,000

 
75,211

 
13,370

 
21,566

Total Consideration
 
238,739

 
277,788

 
24,370

 
84,999

Fair value of noncontrolling interest
 
61,067

 

 

 

Total
 
299,806

 
277,788

 
24,370

 
84,999

Identifiable assets and liabilities
 
 
 
 
 
 
 
 
     Cash
 
9,667

 
29,389

 
441

 
8,156

Investments
 

 

 
3,281

 

Receivables
 
6,612

 

 
2,699

 
12,174

Indefinite-life intangible fund management contracts
 
122,755

 
135,321

 

 
65,126

Amortizable intangible asset management contracts
 
67,877

 
15,234

 
7,060

 
2,865

Indefinite-life trade name
 
4,766

 
7,130

 

 

Fixed assets
 
673

 
784

 
599

 

Other current liabilities, net
 
(9,441
)


 

 
(16,667
)
     Liabilities, net
 
(3,948
)
 
(4,388
)
 
(6,620
)
 

Pension liability
 

 
(32,433
)
 

 

Deferred tax liabilities
 
(58,619
)
 
(31,537
)
 

 
(15,638
)
Total identifiable assets and liabilities
 
140,342

 
119,500

 
7,460

 
56,016

Goodwill
 
$
159,464

 
$
158,288

 
$
16,910

 
$
28,983

RARE Infrastructure, Ltd [Member]  
Business Acquisition [Line Items]  
Fair Value Inputs, Assets, Quantitative Information [Table Text Block]
 
 
Projected Cash Flow Growth
 
Discount Rate
Indefinite-life intangible fund management contracts and indefinite-life trade name
 
0% to 10% (weighted-average - 7%)
 
16.5%
 
 
 
 
 
 
 
Projected AUM Growth / (Attrition)
 
Discount Rate
Amortizable intangible asset management contracts
 
7% / (8)%
 
16.5%
Fair Value Inputs, Liabilities, Quantitative Information [Table Text Block]
AUM growth rates
 
0% to 14% (weighted-average - 7%)
Performance fee growth rates
 
0% to 7% (weighted-average - 3%)
Projected AUM and performance fee market price of risk
 
6.5%
AUM volatility
 
20.0%
Earn-out payment discount rate
 
1.9%
Martin Currie [Member]  
Business Acquisition [Line Items]  
Fair Value Inputs, Assets, Quantitative Information [Table Text Block]
 
 
Projected Cash Flow Growth
 
Discount Rate
Indefinite-life intangible fund management contracts and indefinite-life trade name
 
0% to 25% (weighted-average - 11%)
 
15.0%
 
 
 
 
 
 
 
Projected AUM Growth / (Attrition)
 
Discount Rate
Amortizable intangible asset management contracts
 
6% / (17)%
 
15.0%
Fair Value Inputs, Liabilities, Quantitative Information [Table Text Block]
AUM growth rates
 
0% to 28% (weighted-average - 14%)
Performance fee growth rates
 
0% to 30% (weighted-average - 15%)
Discount rates:
 
 
   Projected AUM
 
13.0%
   Projected performance fees
 
15.0%
   Earn-out payments
 
1.3%
AUM volatility
 
18.8%
QS Investors [Domain]  
Business Acquisition [Line Items]  
Fair Value Inputs, Assets, Quantitative Information [Table Text Block]
 
 
Projected Cash Flow Attrition, Net
 
Discount Rate
Amortizable intangible asset management contracts
 
(10.0)%
 
15.0%
 
 
 
 
 
 
 
Projected Revenue Growth Rates
 
Discount Rates
Contingent consideration
 
0% to 10% (weighted-average - 6%)
 
1.2% / 2.1%
Fauchier [Member]  
Business Acquisition [Line Items]  
Fair Value Inputs, Assets, Quantitative Information [Table Text Block]
 
 
Projected Cash Flow Growth Rates
 
Discount Rate
Indefinite-life intangible fund management contracts
 
(35)% to 11% (weighted-average - 6% )
 
16.0%
 
 
 
 
 
 
 
Projected Revenue Growth Rates
 
Discount Rate
Contingent consideration
 
(16)% to 3% (weighted-average - (5)%)
 
2.0%