After less than a year of striking out on its own, Pyxis Capital is right back to where it started.

Fidelity Financial Advisor Solutions, the Defined Contribution Investment Only unit of Fidelity Investments, is looking to grow its team of wholesalers.

The Carlyle Group today officially closed the book on its acquisition of The TCW Group, which retained some 40% of the firm on a fully diluted basis.

Legg Mason, the money manager best known as home to stockpicker Bill Miller, is folding Miller’s Legg Mason Capital Management division into its ClearBridge Investments equity unit as assets have tumbled.

EIG Global Energy Partners has reached a deal with the TCW Group whereby EIG will publicly support the buyout of TCW by the Carlye Group.

Russell Indexes today announced a global alliance with NYSE Euronext to include the transition of RussellTick, an index feed for real-time, intra-day values for the Russell family of indexes to NYSE Technologies’ Global Index Feed protocol.

Goldman Sachs says it will begin publishing values of the assets held in its money market mutual funds in the United States on a daily basis.

Virtus Investment Partners is buying a 24% stake in Kleinwort Benson Investors International, Ltd., a wholly-owned subsidiary of Kleinwort Benson Investors, which provides specialized equity strategies primarily to institutional investors.

Palmer Square Capital Management is bringing another asset management shop into its fold.

There's nothing quite like the feeling of coming out from under a guardian's wing.

There's nothing quite like the feeling of coming out from under a guardian's wing.

Parametric Portfolio Associates, a subsidiary of Eaton Vance Corp. (EV), and The Clifton Group Investment Management Company announced today the completion of the previously announced purchase of Clifton by Parametric.

Eagle Asset Management today announced that it has completed the purchase of a 45% ownership stake in San Diego-based ClariVest Asset Management.

Cornerstone Advisors has selected SEI to launch a series of multi-manager mutual funds through SEI's Advisors' Inner Circle (AIC) Fund series trust offering.

Firms aren't done with their acquisitions for the year yet, as evidenced by Schroder Investment Management North America's deal.

The Charles Schwab Corp. has closed its acquisition of ThomasPartners.

Legg Mason is buying itself an early Christmas gift.

It'll be a happy new year for Gemini Fund Services, which has announced a major achievement for its Northern Lights shared trusts.

The good news for the merger and acquisitions market in 2012? Corporate profit margins have soared.

It looks like Carlyle Group's planned acquisition of TCW Group from Societe Generale will not be sidetracked by an arbitration case filed by former TCW unit, EIG Global Energy Partners, had sought to block the sale.