Asset adds mutual fund researcher

With additional backing from Austin Ventures, Asset International Inc. is acquiring Strategic Insight Mutual Fund Research and Consulting L.L.C., a New York City-based firm that provides research to mutual funds and insurance companies that offer variable annuities.

The companies did not disclose financial terms.

Stamford-based Asset International publishes PlanSponsor and several other trade reports chronicling pension plans and related industries. It was the company”™s second acquisition this summer, following a June deal for The Trade, a British publication that covers trading exchanges.

Asset International was itself acquired by Texas-based Austin Ventures last January, which assigned as CEO Jim Casella, the former head of Reed Business”™ U.S. operations.

Austin Ventures invested $20 million in Asset International last month, according to a report by PaidContent.org.