Thomson Reuters Lipper (part of Thomson Reuters) is an American financial services firm. Founded in 1973 as Lipper Analytical Services, it was acquired by

Reuters Reuters ( ) is a news agency owned by Thomson Reuters Corporation. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide. Reuters is one of the largest news agencies in the world. The agency was estab ...

in 1998.

Corporate history

Lipper Analytical Services was founded in 1973 by securities analyst A. Michael Lipper. The company's initial focus was to provide data and analysis to mutual funds companies in the

United States The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territorie ...

. 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 Broadridge Financial Solutions is a public corporate services and financial technology company founded in 2007 as a spin-off from management software company :Automatic Data Processing. Broadridge supplies public companies with proxy statements ...

in May 2015. Acquired companies that have operated under the Lipper brand include: * Hardwick Stafford Wright Limited (HSW) - supplier of fund performance information to the UK industry * BOPP ISB AG - Swiss provider of fund performance and analysis * CAMRA - supplier of fund portfolio information and analysis * BT Alex Brown Investment Trusts - data business, a division of Bankers Trust International Plc * Fitzrovia International - a UK based provider of fund fees and expenses research * HedgeWorld - news, research and analysis on global hedge funds * TASS Research - hedge fund performance database. * FERI Fund Market Information Ltd - European fund market research specialist. *AMG Data Services - U.S. based mutual fund flows data provider *Globe and Mail Mutual Fund Database - tracker of Canadian mutual fund performance Lipper provides

retirement Retirement is the withdrawal from one's position or occupation or from one's active working life. A person may also semi-retire by reducing work hours or workload. Many people choose to retire when they are elderly or incapable of doing their j ...

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''

Lipper Fund Awards

The Lipper Fund Awards were acquired by the Reuters Group as part of its 1998 purchase of Lipper Analytical. Following the merger of Thomson Financial and Reuters, in April 2008, Lipper became part of Thomson Reuters. In 2018, following over 30 years of

mutual fund A mutual fund is a professionally managed investment fund that pools money from many investors to purchase securities. The term is typically used in the United States, Canada, and India, while similar structures across the globe include the SICAV i ...

awards, the Lipper Fund Awards again transferred, from Thomson Reuters to

Refinitiv Refinitiv is an American-British global provider of financial market data and infrastructure. The company was founded in 2018. It is a subsidiary of London Stock Exchange Group after a US$27 billion sale from previous owners Blackstone Group LP ...

, as part of the Reuters divestiture of its financial and risk unit to U.S. private equity firm, the

Blackstone Group Blackstone Inc. is an American alternative investment management company based in New York City. Blackstone's private equity business has been one of the largest investors in leveraged buyouts in the last three decades, while its real estate b ...

Research report 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.

References

External links