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Guarantor Condensed Consolidating Financial Statements (Condensed Consolidating Statements Of Income) (Details) (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Operating revenues:      
Investment management fees $ 3,138.5 $ 2,720.9 $ 2,120.2
Performance fees 37.9 26.1 30.0
Other 135.5 95.2 64.5
Total operating revenues 4,092.2 3,487.7 2,627.3
Operating expenses:      
Employee compensation 1,246.2 1,114.9 950.8
Third-party distribution, service and advisory 1,282.5 1,053.8 737.0
Marketing 86.0 78.5 65.3
Property, office and technology 254.6 238.4 212.3
General and administrative 295.4 262.2 166.8
Transaction and integration 29.4 150.0  
Total operating expenses 3,194.1 2,897.8 2,143.0
Operating income/(loss) 898.1 589.9 484.3
Other income/(expense):      
Equity in earnings of unconsolidated affiliates 30.5 40.2 27.0
Interest and dividend income 11.0 10.4 9.8
Interest income of consolidated investment products 307.2 240.9 0
Other gains/(losses) of consolidated investment products, net (138.9) 114.0 (106.9)
Interest expense (61.8) (58.6) (64.5)
Interest expense of consolidated investment products (187.0) (118.6) 0
Other gains and losses, net 49.0 15.6 7.8
Income before income taxes 908.1 833.8 357.5
Income tax provision (286.1) (197.0) (148.2)
Net income 622.0 636.8 209.3
(Gains)/losses attributable to noncontrolling interests in consolidated entities, net 107.7 (171.1) 113.2
Net income attributable to common shareholders 729.7 465.7 322.5
Guarantors [Member]
     
Operating revenues:      
Investment management fees 1,153.9 906.0 482.0
Service and distribution fees 91.9 86.5 49.0
Performance fees 11.4 2.4 0.2
Other 15.2 4.1 2.4
Intercompany Revenues 27.1 32.6 16.1
Total operating revenues 1,299.5 1,031.6 549.7
Operating expenses:      
Employee compensation 341.5 311.9 214.5
Third-party distribution, service and advisory 89.7 42.8 3.2
Marketing 5.1 35.6 23.8
Property, office and technology 105.1 107.2 52.8
General and administrative 81.5 97.5 81.5
Transaction and integration 0 0 0
Intercompany Expenses 175.8 147.4 56.3
Total operating expenses 798.7 742.4 432.1
Operating income/(loss) 500.8 289.2 117.6
Other income/(expense):      
Equity in earnings of unconsolidated affiliates (0.4) 5.7 17.1
Interest and dividend income 3.5 0.6 0.7
Interest income of consolidated investment products 0 0 0
Other gains/(losses) of consolidated investment products, net 0 0 (0.4)
Interest expense (136.3) (113.3) (51.9)
Interest expense of consolidated investment products 0 0 0
Other gains and losses, net 44.6 2.9 (0.6)
Income before income taxes 412.2 185.1 82.5
Income tax provision (111.5) (66.1) (0.2)
Net income 300.7 119.0 82.3
(Gains)/losses attributable to noncontrolling interests in consolidated entities, net 0 0 0
Net income attributable to common shareholders 300.7 119.0 82.3
Non-Guarantors [Member]
     
Operating revenues:      
Investment management fees 1,984.6 1,814.9 1,638.2
Service and distribution fees 688.4 559.0 363.6
Performance fees 26.5 23.7 29.8
Other 120.3 91.1 62.1
Intercompany Revenues 176.3 147.7 52.2
Total operating revenues 2,996.1 2,636.4 2,145.9
Operating expenses:      
Employee compensation 897.5 796.6 729.5
Third-party distribution, service and advisory 1,192.8 1,011.0 733.8
Marketing 80.9 42.8 41.5
Property, office and technology 148.8 130.4 159.2
General and administrative 207.7 157.1 78.7
Transaction and integration 29.4 150.0 10.8
Intercompany Expenses 27.1 32.6 16.1
Total operating expenses 2,584.2 2,320.5 1,769.6
Operating income/(loss) 411.9 315.9 376.3
Other income/(expense):      
Equity in earnings of unconsolidated affiliates 29.6 33.4 53.3
Interest and dividend income 87.2 96.7 42.5
Interest income of consolidated investment products 307.2 240.9 0
Other gains/(losses) of consolidated investment products, net (138.9) 114.0 (125.6)
Interest expense (1.0) (1.8) (0.2)
Interest expense of consolidated investment products (187.0) (118.6) 0
Other gains and losses, net 3.4 16.6 1.0
Income before income taxes 512.4 697.1 347.3
Income tax provision (161.0) (129.2) (136.5)
Net income 351.4 567.9 210.8
(Gains)/losses attributable to noncontrolling interests in consolidated entities, net 107.7 (171.1) 113.2
Net income attributable to common shareholders 459.1 396.8 324.0
Issuer [Member]
     
Operating revenues:      
Investment management fees 0 0 0
Service and distribution fees 0 0 0
Performance fees 0 0 0
Other 0 0 0
Intercompany Revenues 0 0 4.7
Total operating revenues 0 0 4.7
Operating expenses:      
Employee compensation 0 0 0
Third-party distribution, service and advisory 0 0 0
Marketing 0 0 0
Property, office and technology 0 0 0
General and administrative 0 0 1.4
Transaction and integration 0 0 0
Intercompany Expenses 0 0 0
Total operating expenses 0 0 1.4
Operating income/(loss) 0 0 3.3
Other income/(expense):      
Equity in earnings of unconsolidated affiliates 453.9 266.5 148.3
Interest and dividend income 49.3 17.4 12.8
Interest income of consolidated investment products 0 0 0
Other gains/(losses) of consolidated investment products, net 0 0 21.5
Interest expense (50.3) (60.1) (68.1)
Interest expense of consolidated investment products 0 0 0
Other gains and losses, net (1.4) 0.8 5.4
Income before income taxes 451.5 224.6 123.2
Income tax provision (13.6) 2.3 (11.5)
Net income 437.9 226.9 111.7
(Gains)/losses attributable to noncontrolling interests in consolidated entities, net 0 0 0
Net income attributable to common shareholders 437.9 226.9 111.7
Parent Company [Member]
     
Operating revenues:      
Investment management fees 0 0 0
Service and distribution fees 0 0 0
Performance fees 0 0 0
Other 0 0 0
Intercompany Revenues 0 0 0
Total operating revenues 0 0 0
Operating expenses:      
Employee compensation 7.2 6.4 6.8
Third-party distribution, service and advisory 0 0 0
Marketing 0 0.1 0
Property, office and technology 0.7 0.8 0.3
General and administrative 6.2 7.6 5.2
Transaction and integration 0 0 0
Intercompany Expenses 0.5 0.3 0.6
Total operating expenses 14.6 15.2 12.9
Operating income/(loss) (14.6) (15.2) (12.9)
Other income/(expense):      
Equity in earnings of unconsolidated affiliates 745.1 477.3 326.3
Interest and dividend income 0.9 13.4 9.5
Interest income of consolidated investment products 0 0 0
Other gains/(losses) of consolidated investment products, net 0 0 (2.4)
Interest expense (4.1) (1.1) 0
Interest expense of consolidated investment products 0 0 0
Other gains and losses, net 2.4 (4.7) 2.0
Income before income taxes 729.7 469.7 322.5
Income tax provision 0 (4.0) 0
Net income 729.7 465.7 322.5
(Gains)/losses attributable to noncontrolling interests in consolidated entities, net 0 0 0
Net income attributable to common shareholders 729.7 465.7 322.5
Adjustments [Member]
     
Operating revenues:      
Investment management fees 0 0 0
Service and distribution fees 0 0 0
Performance fees 0 0 0
Other 0 0 0
Intercompany Revenues (203.4) (180.3) (73.0)
Total operating revenues (203.4) (180.3) (73.0)
Operating expenses:      
Employee compensation 0 0 0
Third-party distribution, service and advisory 0 0 0
Marketing 0 0 0
Property, office and technology 0 0 0
General and administrative 0 0 0
Transaction and integration 0 0 0
Intercompany Expenses (203.4) (180.3) (73.0)
Total operating expenses (203.4) (180.3) (73.0)
Operating income/(loss) 0 0 0
Other income/(expense):      
Equity in earnings of unconsolidated affiliates (1,197.7) (742.7) (518.0)
Interest and dividend income (129.9) (117.7) (55.7)
Interest income of consolidated investment products 0 0 0
Other gains/(losses) of consolidated investment products, net 0 0 0
Interest expense 129.9 117.7 55.7
Interest expense of consolidated investment products 0 0 0
Other gains and losses, net 0 0 0
Income before income taxes (1,197.7) (742.7) (518.0)
Income tax provision 0 0 0
Net income (1,197.7) (742.7) (518.0)
(Gains)/losses attributable to noncontrolling interests in consolidated entities, net 0 0 0
Net income attributable to common shareholders (1,197.7) (742.7) (518.0)
Consolidated [Member]
     
Operating revenues:      
Investment management fees 3,138.5 2,720.9 2,120.2
Service and distribution fees 780.3 645.5 412.6
Performance fees 37.9 26.1 30.0
Other 135.5 95.2 64.5
Intercompany Revenues 0 0 0
Total operating revenues 4,092.2 3,487.7 2,627.3
Operating expenses:      
Employee compensation 1,246.2 1,114.9 950.8
Third-party distribution, service and advisory 1,282.5 1,053.8 737.0
Marketing 86.0 78.5 65.3
Property, office and technology 254.6 238.4 212.3
General and administrative 295.4 262.2 166.8
Transaction and integration 29.4 150.0 10.8
Intercompany Expenses 0 0 0
Total operating expenses 3,194.1 2,897.8 2,143.0
Operating income/(loss) 898.1 589.9 484.3
Other income/(expense):      
Equity in earnings of unconsolidated affiliates 30.5 40.2 27.0
Interest and dividend income 11.0 10.4 9.8
Interest income of consolidated investment products 307.2 240.9 0
Other gains/(losses) of consolidated investment products, net (138.9) 114.0 (106.9)
Interest expense (61.8) (58.6) (64.5)
Interest expense of consolidated investment products (187.0) (118.6) 0
Other gains and losses, net 49.0 15.6 7.8
Income before income taxes 908.1 833.8 357.5
Income tax provision (286.1) (197.0) (148.2)
Net income 622.0 636.8 209.3
(Gains)/losses attributable to noncontrolling interests in consolidated entities, net 107.7 (171.1) 113.2
Net income attributable to common shareholders $ 729.7 $ 465.7 $ 322.5