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Investments (Tables)
 12 Months Ended
Dec. 31, 2015
Investments Schedule [Abstract]  
Summary of Investments
The Company’s investments, excluding the assets of consolidated sponsored investment products discussed in Note 17 and the assets of the consolidated investment product discussed in Note 18, at December 31, 2015 and 2014 were as follows:
 
 
December 31,
 
2015
 
2014
($ in thousands)
 
 
 
Marketable securities
$
41,496

 
$
50,251

Equity method investments
9,007

 
7,209

Nonqualified retirement plan assets
5,310

 
5,063

Other investments
925

 
925

Total investments
$
56,738

 
$
63,448
Schedule of Marketable Securities
The composition of the Company’s marketable securities is summarized as follows:
 
December 31, 2015
 
Cost
 
Unrealized
Loss
 
Unrealized
Gain
 
Fair
Value
($ in thousands)
 
 
 
 
 
 
 
Trading:
 
 
 
 
 
 
 
Sponsored funds
$
31,167

 
$
(2,134
)
 
$
298

 
$
29,331

Equity securities
9,434

 
(386
)
 
120

 
9,168

Available-for-sale:
 
 
 
 
 
 
 
Sponsored closed-end funds
3,355

 
(365
)
 
7

 
2,997

Total marketable securities
$
43,956

 
$
(2,885
)
 
$
425

 
$
41,496

 
December 31, 2014
 
Cost
 
Unrealized
Loss
 
Unrealized
Gain
 
Fair
Value
($ in thousands)
 
 
 
 
 
 
 
Trading:
 
 
 
 
 
 
 
Sponsored funds
$
39,079

 
$
(1,190
)
 
$
423

 
$
38,312

Equity securities
8,421

 
—

 
319

 
8,740

Available-for-sale:
 
 
 
 
 
 
 
Sponsored closed-end funds
3,129

 
(163
)
 
233

 
3,199

Total marketable securities
$
50,629

 
$
(1,353
)
 
$
975

 
$
50,251