Lipper

Not to be confused with Lippert.
Thomson Reuters Lipper
part of Thomson Reuters
Industry Financial Services
Founded 1973
Founder A. Michael Lipper, C.F.A.
Headquarters New York City, United States
Products Lipper for Investment Management, Lipper Hindsight, Lipper Data Feeds, Lipper Fund Factsheets, Lipper for Retirement, Lipper Leaders Fund Ratings, Lipper Classifications, Lipper Indices, Lipper Research Services
Number of employees
 over 500 globally
Parent Thomson Reuters
Website http://financial.thomsonreuters.com/

Thomson Reuters Lipper (part of Thomson Reuters) for more than 40 years has provided institutional and retail financial professionals worldwide, mutual and hedge fund data, analytical tools and commentary for their fund research with its accurate data, precise analytics, reporting tools, and experienced insight to inform portfolio strategies and performance. Lipper delivers data on more than 265,000 collective investments in 61 countries.

Corporate history

Lipper Analytical Services was founded in 1973 by securities analyst A. Michael Lipper, CFA. The company's initial focus was to provide data and analysis to mutual funds companies in the United States. In subsequent years, Lipper Analytical Services expanded via growth and acquisitions. In 1998, Lipper Analytical was acquired by Reuters Group PLC as a wholly owned subsidiary. In April 2008, Lipper became part of Thomson Reuters when Thomson Financial and Reuters merged. The Lipper Fiduciary Services and competitive business unit known as Lipper FMI was purchased by Broadridge Financial Solutions in May 2015.[1]

Acquired companies that have operated under the Lipper brand include:

Lipper provides retirement plan analysis and reporting tools for financial advisors and research from its offices in the Americas, Europe, Asia and the Middle East.

Fund ratings and Indices

Lipper Leaders Rating System

The Lipper Leaders Rating System is a mutual fund rating system that uses investor-centered criteria, such as capital preservation, expense and consistent return.

Funds are rated on a numeric scale of 5 to 1, with ‘5’ representing funds with the highest rating or Lipper Leaders, and ‘1’ representing the lowest rated funds.

The Lipper Ratings are derived from formulas that analyze funds against defined criteria. Funds are compared to similar funds within a peer group. Each fund is ranked against its peers based on the metric used (such as Total Return or Expense), and the highest 20% of funds in each peer group are named Lipper Leaders, the next 20% receive a rating of 4, the middle 20% are rated 3, the next 20% are rated 2, and the lowest 20% are rated 1. While Lipper Leader Ratings are not predictive of future performance, they are designed to provide context and perspective for making knowledgeable fund investment decisions.

The ratings are subject to change every month and are calculated for the following periods: three-year, five-year, ten-year, and overall. The overall calculation is based on an equal-weighted average of percentile ranks for each metric over three-, five-, and ten-year periods (if applicable).

The Lipper Ratings metrics: Total Return, Consistent Return, Preservation, Tax Efficiency (US Only), and Expense

Lipper Indices

Lipper Indices are a set of benchmarking tools used to track, monitor and analyze fund performance. Several of Lipper’s 160 indices for the open-end, closed-end, and variable annuity universes track performance since the early 1960s.

Indices: Lipper Sector Indices, Thomson Reuters Lipper Optimal Indices, Thomson Reuters Lipper Premium Indices, Lipper Active Indices

Research Series

Lipper publishes fund research reports monthly, quarterly and annually, including Fund Market Insight Reports, Fund Flows Insight Reports and Fund Industry Insight Reports.

Lipper also publishes fiduciary research reports and hedge fund research reports.

See also

References

  1. ↑ http://www.broadridge.com/news-events/press-releases/Broadridge-to-Acquire-Fiduciary-Services-and-Competitive-Intelligence-Business-from-Thomson-Reuters.html
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