Cairn Capital Group agreed to acquire specialist distressed credit manager Bybrook Capital for an undisclosed sum.

Sundaram Asset Management will bulk up by acquiring Mumbai-based Principal Asset Management and its $1 billion in assets under management.

MJ Hudson acquired private markets performance analytics firm PERACS in a $2 million deal.

Polar Capital will acquire U.K. boutique money manager Dalton Strategic Partnership in a $20 million deal.

Candriam and New York Life Investments Alternatives will take a total 33% stake in European private capital firm Kartesia Management.

Aegon is selling its insurance, pension and money management businesses in Hungary, Poland, Romania and Turkey to Vienna Insurance Group.

Apex Group agreed to acquire an alternative fund administration business in Brazil.

Morgan Stanley's $7 billion acquisition of Eaton Vance is the latest merger deal that followed 15 third-quarter money management deals.

Money Management consultancy MJ Hudson is acquiring Dublin-based fund service provider Bridge Group.

PineBridge Investments has agreed to acquire U.K.-based private equity real estate manager Benson Elliot Capital Management.

Momentum Global Investment Management will buy Seneca Investment Managers, creating a $6.1 billion firm.

A consortium led by Carlyle Group and Pacific Equity Partners made an offer to acquire fund administration firm Link Group.

TMF Group agreed to acquire Luxembourg-based fund administrator Selectra Management Co., creating a $148 billion unit.

J.P. Morgan Chase is set to raise its ownership in its Chinese securities joint venture, bringing it a step closer to full ownership.

Record keeper Northwest Plan Services acquired actuary, record keeper and administration firm Kaufmann and Goble Associates.

Ascensus, a DC record keeper and administrator, has acquired Dedicated Defined Benefit Services, a plan design and consulting firm.

Executive search firms BraddockMatthews and Grace Point Partners have merged.

U.S. corporations are accelerating their schedules of pension plan contributions as they face increasing PBGC variable premiums and imminent corporate tax reform.

The total deficit of defined benefit funds covered by the Pension Protection Fund, London's 7800 index grew 8.4% for the month and 30.2% for the year ended April 30, to £245.6 billion ($317.9 billion).