Total estimated inflows to long-term mutual funds were $6.12 billion for the week ended Wednesday, September 12, according to data from the Investment Company Institute.

Franklin Resources, the parent of Franklin Templeton Investments, has agreed to acquire a majority stake in K2 Advisors Holdings, a fund of hedge funds manager, from private equity shop TA Associates.

Deutsche Bank has unveiled its growth strategy for the next three years and beyond for its U.S. mutual funds unit, known as DWS, and other businesses.

Deutsche Bank today unveiled its growth strategy for the next three years and beyond for its U.S. mutual funds unit and other businesses.

Touchstone Investments, a Cincinnati-based mutual fund company, completed its acquisition of 16 mutual funds from Fifth Third Asset Management.

Federated Investors has added $4.4 billion in assets from four Fifth Third money market funds into four existing Federated money market funds.

Novato, Calif.-based Hennessy Funds moved closer to finalizing its acquisition of FBR Funds, and transferring the assets into various Hennessy funds.

Multi-manager shop Virtus Investment Partners has added Rampart Investment Management, which specializes in customized options strategies for institutional and high-net-worth clients, as a wholly owned affiliate of Virtus.

Multi-manager shop Virtus Investment Partners has added Rampart Investment Management, which specializes in customized options strategies for institutional and high-net-worth clients, as a wholly owned affiliate of Virtus.

The Hartford today is taking another step towards focusing on its mutual fund business by agreeing to sell its retirement plans business to rival Massachusetts Mutual Life Insurance Company (MassMutual) for a cash ceding commission of $400 million.

JonesTrading Institutional JonesTrading to Acquire Conifer SecuritiesServices said it signed a letter of intent to acquire Conifer Securities from the Conifer Group.

On August 13, 2012, Somewhere in the world this week, Jeffrey Gundlach is smiling.

The investors who bailed out Knight Capital Group Inc. by purchasing $400 million in convertible securities are gaining control of the biggest trading partner for individuals in the world’s largest stock market.

On August 2, 2012, Sentinel Investmentsf chief executive Christian Thwaites yesterday saw four members of his investment team, including Charles Schwartz, Betsy Pecor, Matthew McGeary, and Matthew Spitznagle, walk away from their posts.

TCW Funds, Inc. is liquidating the TCW Emerging Markets Equities Fund on August 31, according to a Securities and Exchange filing.

On July 19, 2012, Portland, ME-based Foreside Financial Group, LLC, a mutual fund and exchange-trade fund distributor and compliance consultant, is on a buying spree.

OppenheimerFunds has signed an agreement to buy SteelPath Capital Management and SteelPath Fund Advisors, an energy infrastructure investments company focused on the Master Limited Partnership sector.

On June 27, 2012, Federated Investors, Inc. has agreed to buy some $903 million in assets, including about $571 million in money market fund assets from Trustmark Investment Advisors, Inc., Trustmark National Bank and Performance Funds Trust.

On June 25, 2012, Hennessy Advisors, Inc. today revealed that the Board of Trustees of The FBR Funds trust has approved the proposed deal between the two fund firms.

On June 20, 2012, Deutsche Bank concluded its exclusive negotiations with Guggenheim Partners over a potential sale of RREEF, its global alternative asset management business.