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At a financial-planner conference earlier this year, I spotted a session called 'ETFs: Are Your Clients Investing Without You?' I had to go. We advisers are well aware of the advantages of exchange-traded funds: broad diversification, low costs and a slim tax bill.

Venture capital investment declined in the third quarter to the lowest level in almost two years, and funding to Internet companies plunged 36% in ...

ABERDEEN Asset Management today unveiled a deal to buy parts of Credit Suisse's fund management business in a move worth £250 million.

Shares in Premium Bars and Restaurants (PBR) were suspended yesterday after a delay in securing fresh financing meant it could not file its accounts on time, deepening the gloom in the beleaguered p...

Investors in Citadel Investment Group's two main hedge funds can take solace in the fact that 2008 has finally come to an end. Of course, that won't ease the pain of seeing those two porfolios lose about 53% of their value going into the final week of the year. The latest numbers from Ken Griffin's Chicago-based investment empire are only marginally better than the performance figures posted by Citadel's two biggest funds for the past several months. As of Dec. 24, Citadel's once giant Kensington and Wellington funds were down 9.35% for the month. That's a slight improvement over the funds' 14.27% November decline and October's horrific 22% slide. The big plunge at Citadel is far worse than the 20% average decline this year for hedge funds and greater than the 35% decline in the Dow Jones. Then again, Citadel investors are still better off than the thousands of investors who entrusted their money with Bernard Madoff, whose investment firm collapsed in a what federal authorities say

Aberdeen Asset Management is to pay £250 million for Credit Suisse's fund management arm in an all-share deal, it said today.

GMAC is the most recent beneficiary of a government bailout. GMAC is the the financing arm of General Motors. It supplies funding for auto dealers to buy inventory and credit for consumers buying cars. It is also a major player in the home mortgage market.

A standoff between South Carolina Gov. Mark Sanford and the state's unemployment agency is endangering benefits to thousands of people. The state's unemployment fund will run dry by the end of the day unless the state accesses a $146 million federal loan to...

Deal makers expect a pickup in transactions in which buyout shops and hedge funds wrest control of troubled companies on the cheap.

Legg Mason Inc's once-celebrated Value Trust fund is set for its worst-ever annual returns in 2008, and some investors grumble that time is running out for its manager, Bill Miller.