RELATED PARTIES

Certain managed funds are deemed to be affiliated entities under the related party definition in ASC 850, "Related Party Disclosures." Additionally, related parties include those defined in the company's proxy statement. Affiliated balances are illustrated in the tables below:



	Years ended December 31,
$ in millions	2017	2016	2015
Affiliated operating revenues:
Investment management fees	3,624.7	3,274.3	3,565.8
Service and distribution fees	851.2	822.3	854.0
Performance fees	73.8	21.5	29.2
Other	59.1	79.8	108.5
Total affiliated operating revenues	4,608.8	4,197.9	4,557.5



	As of December 31,
$ in millions	2017	2016
Affiliated asset balances:
Cash and cash equivalents	875.5	476.2
Unsettled fund receivables	204.0	253.2
Accounts receivable	359.9	344.4
Investments	608.5	728.3
Assets held for policyholders	12,444.2	8,224.2
Other assets	9.2	2.9
Total affiliated asset balances	14,501.3	10,029.2

Affiliated liability balances:
Accrued compensation and benefits	90.7	76.5
Accounts payable and accrued expenses	64.5	94.7
Unsettled fund payables	288.8	318.7
Total affiliated liability balances	444.0	489.9